For Immediate Release
Chicago, IL – August 4, 2020 – Stocks in this week’s article are Take-Two Interactive Software, Inc. TTWO, Teradyne, Inc. TER, United Rentals, Inc. URI, Portland General Electric Company POR and Broadridge Financial Solutions, Inc. BR.
Buy These 5 Stocks with Incredible Sales Growth Right Now
In today’s fast changing and highly competitive operating environment, solid sales growth is the key to survival of any business. But investors fail to see sales growth as a dependable metric while choosing stocks. This is because of the preconceived belief that a company’s stock price is generally sensitive to earnings strength.
For any company, sales growth not only provides an understanding of product demand and pricing power but also is important for growth projections and strategic decision making. In case a company incurs a loss in one particular quarter (albeit temporary), then valuing it on the basis of sales growth offers an insight into the future performance.
Also, a company can enhance earnings by resorting to cost-control measures while maintaining stable revenues. However, a sustainable bottom-line improvement invariably requires superior top-line growth.
Nonetheless, a large sales number does not automatically translate into profits. Therefore, it’s advisable to consider a company’s cash position along with sales number. Substantial cash in hand and a steady cash flow lend a company more flexibility with respect to business decisions and investments.
Selecting Winning Stocks
In order to shortlist stocks with impressive sales growth and a high cash balance, we have selected 5-Year Historical Sales Growth (%) greater than X-Industry and Cash Flow more than $500 million as our main screening parameters.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1029521/buy-these-5-stocks-with-incredible-sales-growth-right-away
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.
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TakeTwo Interactive Software, Inc. (TTWO) : Free Stock Analysis Report
Portland General Electric Company (POR) : Free Stock Analysis Report
Broadridge Financial Solutions, Inc. (BR) : Free Stock Analysis Report
United Rentals, Inc. (URI) : Free Stock Analysis Report
Teradyne, Inc. (TER) : Free Stock Analysis Report
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