For Immediate Release
Chicago, IL – July 12, 2022 – Stocks in this week’s article are Boot Barn (
BOOT Quick Quote BOOT - Free Report) , Nova Measuring Instruments ( NVMI Quick Quote NVMI - Free Report) , and Vaalco Energy ( EGY Quick Quote EGY - Free Report) . 3 Top Profitable Stocks to Bet On Using Net Interest Ratios
Smart investors always look for a profitable company over a loss-making one. Thus, they aim for companies that offer sturdy returns to investors even after meeting all operating and non-operating costs. Here, we have used the concept of accounting ratios to evaluate a company's profitability.
There are a variety of profitability ratios, from which we have chosen the most successful and frequently used profitability metric to determine the bottom-line performance of a company.
To that end, Boot Barn, Nova Measuring Instruments and Vaalco Energy have been selected as the top picks with a high net income ratio.
Net Income Ratio
Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using net income ratio, one can determine a company's effectiveness to meet operating and non-operating expenses from revenues. A higher net income ratio usually implies a company's ability to generate ample revenues and successfully manage all business functions.
Here are three of the 13 stocks that qualified the screening:
Boot Barn operates as a lifestyle retail chain devoted to western and work-related footwear, apparel and accessories. The 12-month net profit margin of BOOT is 12.9%. Nova Measuring Instruments is a provider of metrology solutions for advanced process control used in semiconductor manufacturing. The 12-month net profit margin of NVMI is 12.9%. Vaalco Energy is an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. The 12-month net profit margin of EGY is 36.9%.
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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.
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/1928904/3-top-rated-profitable-stocks-to-buy-using-net-income-ratio 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.
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Contact: Jim Giaquinto
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