For Immediate Release
Chicago, IL – May 11, 2022 – Stocks in this week’s article are DAQO New Energy (
DQ Quick Quote DQ - Free Report) , ArcBest ( ARCB Quick Quote ARCB - Free Report) , Assurant ( AIZ Quick Quote AIZ - Free Report) . Buy These 3 Top-Rated Stocks for Solid Earnings Growth
Irrespective of whether it is a start-up or an established company, earnings growth is the highest priority for the top brass of any organization. This is because if the company doesn't make money, it won't last over the long haul. 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. But, expectations of earnings also play a significant role.
Earnings Estimates & Share Price Movements
Often, we have seen a decline in the stock price despite earnings growth and a rally in price following an earnings decline. This is largely the 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 when 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, investors need to buy stocks that have historical earnings growth and are seeing a rise in quarterly and annual earnings estimates.
Here are the top three stocks that stand out: DAQO New Energy is engaged in the manufacture and sale of high-quality polysilicon to photovoltaic product manufacturers. DAQO New Energy has a Zacks Rank #1 (Strong Buy). DQ's expected earnings growth rate for the current year is 108.8%. You can see the complete list of today's Zacks #1 Rank stocks here. ArcBest provides freight transportation services and solutions. ArcBest has a Zacks Rank #1. ARCB's expected earnings growth rate for the current year is 50.7%. Assurant is a global provider of risk management solutions in the housing and lifestyle markets. Assurant has a Zacks Rank #2 (Buy). AIZ's expected earnings growth rate for the current year is 37.6%.
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Click here to sign up for a free trial to the Research Wizard today. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1921736/buy-these-3-top-rated-stocks-for-solid-earnings-growth 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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Strong Stocks that Should Be in the News
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Contact: Jim Giaquinto
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