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Zacks.com featured highlights include Herc Holdings, StoneX Group, Veritiv and Harte Hanks

For Immediate Release

Chicago, IL – January 20, 2023 – Stocks in this week’s article are Herc Holdings Inc. HRI, StoneX Group Inc. SNEX, Veritiv Corp. VRTV and Harte Hanks, Inc. HHS.

Look Beyond Profit: Bet on 4 Stocks with Increasing Cash Flows

Crunching profit numbers and evaluating surprises might appear as a good option in the ongoing reporting cycle. However, these do not ensure that the profits are being efficiently channeled to the reserves for funding growth. This is because even a profit-making company can have a deficiency of cash flow and go bankrupt while meeting its obligations.

Therefore, one must look at a company's proficiency in generating cash flows before investing in the right stocks. This is because cash is the most indispensable factor for any company. It gives strength and vitality and is the key for its existence, development and success.

In this regard, stocks like Herc Holdings Inc., StoneX Group Inc., Veritiv Corp. and Harte Hanks, Inc. are worth buying.

Analyzing a company's cash-generating efficiency has indeed become more relevant amid uncertainties in the global economy, market disruptions and dislocations, as well as liquidity concerns resulting from geopolitical tensions or the health crisis.

To figure out this efficiency, one needs to consider a company's net cash flow. While in any business cash moves in and out, it is net cash flow that explains how much money a company is actually generating.

If a company is experiencing a positive cash flow, it denotes an increase in its liquid assets, which gives it the means to meet debt obligations, shell out for expenses, reinvest in the business, endure downturns and finally return wealth to shareholders. On the other hand, a negative cash flow indicates a decline in the company's liquidity, which in turn lowers its flexibility to support these moves.

However, having a positive cash flow merely does not secure a company's future growth. To ride on the growth curve, a company must have its cash flow increasing because that indicates management's efficiency in regulating its cash movements and less dependency on outside financing for running its business.

Therefore, keep yourself abreast with the following screen to bet on stocks with rising cash flows.

Here are our four picks out of the 15 stocks that qualified the screening:

Herc Holdings, Inc., through its subsidiary Herc Rentals Inc., operates as an equipment rental supplier mainly in North America. The equipment rental business is supported by ProSolutions.

The Zacks Consensus Estimate for 2022 and 2023 earnings has moved up 1.7% and 3.4%, respectively, in the past three months. Currently, HRI carries a VGM Score of A.

StoneX Group is a financial services organization that provides execution, risk management and advisory services, market intelligence, and clearing services across multiple asset classes and markets around the world.

The Zacks Consensus Estimate for StoneX Group's fiscal 2023 earnings has been revised 4.1% upward to $9.07 in the past month. SNEX has a VGM Score of A.

Veritiv Corporation engages in offering North American business-to-business distribution solutions. It provides packaging, print and print management, publishing, supply chain, facility and logistics solutions that span the entire lifecycle of core business operations.

The Zacks Consensus Estimate for 2022 and 2023 earnings has moved up 1.7% and 4%, respectively, in the past two months. Currently, VRTV carries a VGM Score of B.

Harte Hanks is a data-driven, omnichannel marketing company. The company offers customer data landscape as well as the executional know-how in database build and management, data analytics, data-driven creativity, digital media, direct mail, customer contact, client fulfillment and marketing and product logistics.

The Zacks Consensus Estimate for Harte Hanks' 2023 earnings has been revised upward by 2.9% over the past two months. HHS has a VGM Score of A.

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The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

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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/2041187/look-beyond-profit-bet-on-4-stocks-with-increasing-cash-flows

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

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Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Harte Hanks, Inc. (HHS) : Free Stock Analysis Report

Veritiv Corporation (VRTV) : Free Stock Analysis Report

Herc Holdings Inc. (HRI) : Free Stock Analysis Report

StoneX Group Inc. (SNEX) : Free Stock Analysis Report

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