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Zacks.com featured highlights include Murphy Oil, Helmerich & Payne, and Lesaka Technologies

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For Immediate Release

Chicago, IL – June 3, 2022 – Stocks in this week’s article are Murphy Oil (MUR - Free Report) , Helmerich & Payne (HP - Free Report) , and Lesaka Technologies, Inc. (LSAK - Free Report) .

3 Stocks to Buy for Remarkable Earnings Acceleration

Earnings acceleration is the incremental growth in a company's earnings per share (EPS). In other words, if the rate of a company's quarter-over-quarter earnings growth increases within a stipulated frame of time, it can be called earnings acceleration.

We all know that constant earnings growth captivates almost everyone, from top brass to research analysts. This is because earnings are a measure of the money a company is making. Still, earnings acceleration works even better when it comes to lifting the stock price. Studies have shown that most successful stocks had seen an acceleration in earnings before an uptick in the stock price.

In case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven't caught the attention of investors yet, which once secured, will invariably lead to a rally in the share price. This is because earnings acceleration considers both direction and magnitude of growth rates.

An increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may at times drag prices down.

The above criteria narrowed down the universe of around 7,735 stocks to only 18. Here are the top three stocks:

Murphy Oil was founded in 1950. Murphy Oil is a global oil and gas exploration and production company. The company currently has a Zacks Rank #1 (Strong Buy). The company's expected earnings growth rate for the current year is 303.1%. You can see the complete list of today's Zacks #1 Rank stocks here.

Helmerich & Payne is engaged in the contract drilling of oil and gas wells in the United States and internationally. Helmerich & Payne currently has a Zacks Rank #2 (Buy). The company's expected earnings growth rate for the current year is 84.6%.

Lesaka Technologies, Inc. provides its universal electronic payment system as an alternative payment system for the unbanked and under-banked populations of developing economies. Lesaka Technologies currently has a Zacks Rank #2. The company's expected earnings growth rate for the current year is 23.9%.

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The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1932864/3-stocks-to-buy-for-remarkable-earnings-acceleration

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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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/performancefor information about the performance numbers displayed in this press release.


In-Depth Zacks Research for the Tickers Above


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Helmerich & Payne, Inc. (HP) - free report >>

Murphy Oil Corporation (MUR) - free report >>

Lesaka Technologies, Inc. (LSAK) - free report >>