For Immediate Release
Chicago, IL – January 21, 2022 – Stocks in this week’s article are Beacon Roofing Supply Inc. (BECN), United Rentals Inc. (
URI Quick Quote URI - Free Report) , Valley National Bancorp ( VLY Quick Quote VLY - Free Report) , Crown Castle International Corp. ( CCI Quick Quote CCI - Free Report) and Berry Global Group, Inc. ( BERY Quick Quote BERY - Free Report) Solid Sales Growth Makes These 5 Stocks Attractive Picks
Robust sales growth is one of the most important characteristics of potential winners in the market. The companies that emphasize sales management have a competitive edge, as strong sales usually translate to improved profitability.
With regard to this, stocks like
Beacon Roofing Supply Inc., United Rentals Inc., Valley National Bancorp, Crown Castle International Corp. and Berry Global Group, Inc. are worth investing in.
While assessing business growth, revenues are often more monitored than earnings. This is because investors want to make sure whether a business can generate more sales over time to cater to an expanding customer base.
Stable or declining sales growth indicates obstacles at the company. Stagnant companies may generate near-term profit but not enough growth to attract new investors. Without impressive revenue growth, bottom-line improvement may not be sustainable over a longer term.
Yet, sales growth alone doesn’t indicate much about a company’s future performance. Though it provides investors an insight into product demand and pricing power, a huge sales number is not necessarily translated into profits.
Hence, taking into consideration a company’s cash position and its sales number can prove to be a more dependable investment strategy. Substantial cash in hand and a steady cash flow give a company more flexibility with respect to business decisions and potential investments. Also, an adequate cash position suggests that revenues are channeled in the right direction.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1854578/solid-sales-growth-makes-these-5-stocks-attractive-picks?art_rec=quote-stock_overview-zacks_news-ID02-txt-1854578 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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