For Immediate Release
Chicago, IL – June 25, 2018 - Stocks in this week’s article include: Snap-on Inc. (SNA - Free Report) , Polaris Industries Inc. (PII - Free Report) , The Interpublic Group of Companies, Inc. (IPG - Free Report) , VMware, Inc. (VMW - Free Report) and CBRE Group, Inc. (CBRE - Free Report) .
Screen of the Week of Zacks Investment Research:
Bet on These 5 Stocks with Strong Sales Growth
Sales growth is an important metric for any company, as it is a vital part of growth projections and influences strategic decision-making. By monitoring this key metric over multiple time periods, one can clearly understand a company’s growth trend.
Sales growth is essential to justify the fixed and variable expenses incurred to run a business. Low revenues lead to unprofitability of business and disappointing financial results. Stagnant companies may generate near-term profit but can’t rev up enough growth to attract new investors.
Also, in a growing economy, lack of sales growth most likely denotes that the company is not gaining market share over its competitors. In simple terms, some sustained sales growth is necessary to support the bottom line.
Focusing solely on sales growth is not enough though. A healthy sales growth rate is certainly a positive indicator for picking good stocks, but it does not ensure profits. Hence, taking into consideration a company’s cash position along with its sales number can prove to be a more dependable strategy.
Substantial cash on hand and a steady cash flow give a company more flexibility with respect to business decisions and potential investments. Cash also enables a company to endure market downturns. Most importantly, a sufficient cash position indicates that revenues are being channelized in the right direction.
And that's what we're screening for today…
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/308851/bet-on-these-5-stocks-with-strong-sales-growth-right-away
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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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