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Zacks.com featured highlights include Publicis Groupe, M/I Homes, Modine Manufacturing Company and Karat Packaging

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For Immediate Release

Chicago, IL – August 21, 2023 – Stocks in this week’s article are Publicis Groupe S.A. (PUBGY - Free Report) , M/I Homes, Inc. (MHO - Free Report) , Modine Manufacturing Company (MOD - Free Report) and Karat Packaging Inc. (KRT - Free Report) .

4 High-Flying Stocks with Increasing Cash Flows to Buy Now

Cash is the lifeblood for a company's existence, development and success. It gives strength and vitality to a company, the flexibility to make decisions, the means to make potential investments and the fuel to run its growth engine, thus reflecting its true financial health.

In this regard, stocks like Publicis Groupe S.A., M/I Homes, Inc., Modine Manufacturing Company and Karat Packaging Inc. are worth buying.

Though investors flock to companies that earn profits, even a profitable business can succumb to failure if its cash flow is uneven, and eventually file for bankruptcy. Nonetheless, one can effectively judge a company's resilience by evaluating its power of generating cash flows as cash not only guards from market mayhem but also indicates that profits are being channelized in the right direction. Amid uncertainties in the global economy, market disruptions and dislocations, as well as liquidity concerns, this has become all the more important.

To figure out this efficiency, one needs to consider a company's net cash flow. While in any business cash moves in and out, it is net cash flow that explains how much money a company is actually generating.

If a company is experiencing a positive cash flow, it denotes an increase in its liquid assets, which gives it the means to meet debt obligations, shell out for expenses, reinvest in the business, endure downturns and finally return wealth to shareholders. On the other hand, a negative cash flow indicates a decline in the company's liquidity, which in turn lowers its flexibility to support these moves.

However, having a positive cash flow merely does not secure a company's future growth. To ride on the growth curve, a company must have its cash flow increasing because that indicates management's efficiency in regulating its cash movements and less dependency on outside financing for running its business.

Therefore, keep yourself abreast with the following screen to bet on stocks with rising cash flows.

Here are our four picks out of the 14 stocks that qualified the screening:

Publicis Groupe S.A. is a global advertising and communications organization, offering a range of services to companies in 100 countries, with particular strength in France, Germany, the United Kingdom, Spain, Italy and North America.

The Zacks Consensus Estimate for Publicis Groupe's earnings for the current year has moved 6.1% north in the past month. PUBGY currently has a VGM Score of B.

M/I Homes is one of the nation's leading builders of single-family homes. The company designs, markets, constructs and sells single-family homes and attached townhomes to first-time, move-up, empty-nester and luxury buyers.

The Zacks Consensus Estimate for M/I Homes' current-year earnings has moved up 34.2% over the past month to $16.88 per share. MHO has a VGM Score of A.

Modine Manufacturing operates primarily in a single industry consisting of the manufacture and sale of heat transfer equipment. These include heat exchangers for cooling all types of engines, transmissions, auxiliary hydraulic equipment, air conditioning components used in cars, trucks, farm and construction machinery and equipment, and heating and cooling equipment for residential and commercial building heating, ventilating, air conditioning and refrigeration equipment.

The Zacks Consensus Estimate for Modine Manufacturing's fiscal 2024 earnings has moved 15.7% north in the past month to $2.72 per share. MOD sports a VGM Score of A.

Karat Packaging is a specialty distributor and manufacturer of disposable foodservice products and related items. Its products include food and take-out containers, bags, tableware, cups, lids, cutlery, straws, specialty beverage ingredients, equipment, gloves and other products. The company also offers customized solutions, including new product development and design, printing and logistics services.

The Zacks Consensus Estimate for Karat Packaging's current-year earnings has moved up nearly 28% to $1.83 per share over the past month. KRT has a VGM Score of A.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back-testing software.

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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/2138206/4-high-flying-stocks-with-increasing-cash-flows-to-buy-now

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 >>.

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