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Zacks.com featured highlights include: Owens Corning, Macquarie Infrastructure, PerkinElmer, Portland General Electric and TransUnion

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For Immediate Release

Chicago, IL – July 17, 2020 – Stocks in this week’s article are Owens Corning (OC - Free Report) , Macquarie Infrastructure Corporation , PerkinElmer, Inc. , Portland General Electric Company (POR - Free Report) and TransUnion (TRU - Free Report) ,

5 Stocks with Robust Sales Worth Betting On Right Now

When it comes to choosing stocks, investors are often beguiled into undertaking complex investment strategies in a bid to book higher returns. However, given ever changing market dynamics, this may not yield desired results every time.

Hence, using conventional strategies based on key fundamentals to choose stocks is always a wise decision. One such strategy is sales growth.

Maintaining steady sales growth is the key to survival for any business, particularly amid the current operating environment. Sales growth as such remains an important measure for any corporate house, as it is vital to growth projections and strategic decision making.

When companies incur loss for a temporary period, they are valued on their revenues, as sales growth (or decline) is usually an indicator of future earnings performance. Further, in comparison with price-to-earnings and price-to-book value ratios, which can turn negative and cease to be relevant, the price-to-sales (P/S) ratio is available even for firms that have hit choppy waters.

Moreover, profits and book value are largely influenced by several factors. But management has limited opportunities to manipulate sales, which further underscores the importance of P/S ratio.

Focusing solely on sales growth is, however, not enough. Considering a company’s cash position along with sales number can prove to be a more dependable strategy. Substantial cash in hand and a steady cash flow give a company more flexibility with respect to business decisions and investments.

For the rest of this Screen of the Week article please visit Zacks.com at:https://www.zacks.com/stock/news/1006421/5-stocks-with-robust-sales-growth-worth-betting-on-right-now

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Portland General Electric Company (POR) - free report >>

Owens Corning Inc (OC) - free report >>

TransUnion (TRU) - free report >>

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