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Zacks.com featured highlights TORM, Helmerich & Payne and Murphy Oil

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For Immediate Release

Chicago, IL – June 15, 2022 – Stocks in this week’s article are TORM (TRMD - Free Report) , Helmerich & Payne (HP - Free Report) and Murphy Oil (MUR - Free Report) .

3 Top Stocks That Boast Superb Earnings Acceleration

Earnings growth is the highest priority for any organization. This is because if the company doesn't make money, it won't last long. So, what's earnings growth? Study a company's revenues over a given period of time, subtract the cost of production, and you have earnings.

However, earnings acceleration works even better when it comes to lifting the stock price. Studies have shown that most successful stocks had seen an acceleration in earnings before an uptick in the stock price. 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, but once secured, will invariably lead to a rally in the share price. This is because earnings acceleration considers both 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.

Here are the top three stocks:

TORM is a carrier of refined oil products. TORM currently has a Zacks Rank #1 (Strong Buy). The company's expected earnings growth rate for the current year is 622.2%. You can see the complete list of today's Zacks #1 Rank stocks here.

Helmerich & Payne is engaged in the contract drilling of oil and gas wells in the U.S. and internationally. Helmerich & Payne currently has a Zacks Rank #2 (Buy). The company's expected earnings growth rate for the current year is 89.2%.

Murphy Oil is a global oil and gas exploration and production company. Murphy Oil currently has a Zacks Rank #2. The company's expected earnings growth rate for the current year is 345.7%.

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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/1938546/3-top-stocks-that-boast-of-superb-earnings-acceleration

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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Strong Stocks that Should Be in the News

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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/performance for information about the performance numbers displayed in this press release.


See More Zacks Research for These Tickers


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Helmerich & Payne, Inc. (HP) - free report >>

Murphy Oil Corporation (MUR) - free report >>

TORM PLC (TRMD) - free report >>

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