For Immediate Release
Chicago, IL – September 10, 2020 - Stocks in this week’s article are WESCO International, Inc. (WCC - Free Report) , lululemon athletica inc. (LULU - Free Report) , Ollie's Bargain Outlet Holdings, Inc. (OLLI - Free Report) and RH (RH - Free Report) .
4 Stocks to Buy for Remarkable Earnings Growth
Consider a company’s revenues over a given period of time, subtract the cost of production, and you have earnings.
This metric is also considered the most important variable in influencing the share price. But, expectations of earnings also play a significant role.
Earnings Estimates Determine Share Prices
We have often seen a decline in the stock price despite earnings growth and a rally in the price following an earnings decline. This is largely a result of a company’s earnings failing to meet market expectations.
Earnings estimates embody analysts’ opinion on factors such as sales growth, product demand, competitive industry environment, profit margins and cost control. Thus, earnings estimates serve as a valuable tool while making investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Investors, thus, should be on the lookout for stocks that are ready to make a big move. Hence, it is important for investors to buy stocks that have historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1055455/4-stocks-to-buy-for-remarkable-earnings-growth
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