For Immediate Release
Chicago, IL – March 11, 2022 – Stocks in this week’s article are Sanderson Farms, Inc. , Quidel Corp. (
QDEL Quick Quote QDEL - Free Report) , Crown Holdings, Inc. ( CCK Quick Quote CCK - Free Report) , Everest Re Group, Ltd. ( RE Quick Quote RE - Free Report) and Eversource Energy ( ES Quick Quote ES - Free Report) . 5 Stocks with Sales Growth to Buy Amid Market Volatility
Markets have been extremely volatile over the past several days over concerns regarding the Russia-Ukraine conflict. The conventional stock picking strategy is useful amid such a dismal scenario. One such method is selecting stocks with steady sales growth.
Sales growth is a key metric for any company, as it is an essential part of growth projections and is instrumental in strategic decision making. By observing this metric over a period of time, one can clearly understand a company’s growth trend.
With regard to this, stocks like
Sanderson Farms, Inc., Quidel Corp., Crown Holdings, Inc., Everest Re Group, Ltd. and Eversource Energy are worth betting on.
It’s worth keeping in mind that in cases when companies incur loss, although briefly, they are valued on their revenues, as top-line growth (or decline) is usually an indicator of a company’s future earnings performance.
A company can improve earnings by resorting to cost-control measures while maintaining stable revenues. It is to be noted that sustainable bottom-line growth invariably requires superior revenues.
Hence, the Price-to-Sales (P/S) ratio can turn out to be an appropriate metric for stock valuation. This metric’s importance further lies in the fact that management has limited opportunities to manipulate revenues unlike earnings.
While sales growth provides investors an insight into product demand and pricing power, it doesn’t indicate whether the company is operating efficiently. A huge sales number does not necessarily convert into profits.
Hence, consideration of a company’s cash position and sales number can 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/1880079/5-stocks-with-solid-sales-growth-to-buy-amid-market-volatility 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
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year.
See these high-potential stocks free >>.
Follow us on Twitter:
Join us on Facebook:
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer.
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.