For Immediate Release
Chicago, IL – April 21, 2021 – Stocks in this week’s article are LKQ Corporation (
LKQ Quick Quote LKQ - Free Report) , Celanese Corporation ( CE Quick Quote CE - Free Report) , Callon Petroleum Company ( CPE Quick Quote CPE - Free Report) , SS&C Technologies Holdings, Inc. ( SSNC Quick Quote SSNC - Free Report) and Qorvo Inc. ( QRVO Quick Quote QRVO - Free Report) . Buy These 5 Stocks with Impressive Sales Growth Right Away
Investors often fail to consider sales growth as a dependable metric when it comes to picking stocks. This might be because of their preconceived notion that a company’s stock price is typically sensitive to its earnings momentum. However, betting on stocks completely depending on such a perception may not prove worthwhile.
It must be kept in mind that in cases when companies incur a loss, albeit briefly, they are valued on the basis of revenues, and not earnings, as top-line growth (or decline) is usually an indicator of a company’s future earnings performance. Notably, in contrast 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.
Also, a company can improve earnings by resorting to cost control measures while maintaining stable revenues. However, superior profits could be achieved through steady revenue growth.
A huge sales number does not necessarily convert into profits. So, considering a company’s cash position along with its sales number can prove to be more prudent. Substantial cash in hand and a steady cash flow lend 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/1425091/buy-these-5-stocks-with-impressive-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. About Screen of the Week
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