Zacks.com featured highlights include Helmerich & Payne, Ardmore Shipping, and Euronav
For Immediate Release
Chicago, IL – May 18, 2022 – Stocks in this week’s article are Helmerich & Payne HP, Ardmore Shipping ASC, and Euronav EURN.
3 Best Stocks to Invest In for Superb Earnings Acceleration
We all know that constant earnings growth captivates almost everyone, from the top brass to research analysts. This is because earnings are a measure of the money a company is making. Still, earnings acceleration works even better when it comes to lifting the stock price. Studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in their prices.
Earnings acceleration is the incremental growth in a company's earnings per share (EPS). In other words, if the rate of a company's quarter-over-quarter earnings growth increases within a stipulated frame of time, it can be called earnings acceleration.
In case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven't caught the attention of investors yet, and once secured, will invariably lead to a rally in the share price. This is because earnings acceleration considers both the direction and magnitude of growth rates.
An increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may at times drag prices down.
The above criteria narrowed down the universe of around 7,735 stocks to only three. Here are the stocks:
Helmerich & Payne is engaged in the contract drilling of oil and gas wells in the United States and internationally. Helmerich & Payne has a Zacks Rank #2 (Buy). HP's expected earnings growth rate for the current year is 80%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Ardmore Shipping engages in the ownership and operation of products and chemical tankers. Ardmore Shipping has a Zacks Rank #2. ASC's expected earnings growth rate for the current year is nearly 173%.
Euronav owns, operates and manages a fleet of vessels for the transportation and storage of crude oil and petroleum products. EURN has a Zacks Rank #2. The company's expected earnings growth rate for the current year is 134.3%.
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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1925207/3-best-stocks-to-invest-in-for-superb-earnings-acceleration
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Helmerich & Payne, Inc. (HP) : Free Stock Analysis Report
Ardmore Shipping Corporation (ASC) : Free Stock Analysis Report
Euronav NV (EURN) : Free Stock Analysis Report
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