Advertisement
Australia markets closed
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • AUD/USD

    0.6520
    -0.0016 (-0.24%)
     
  • OIL

    82.97
    +1.62 (+1.99%)
     
  • GOLD

    2,242.80
    +30.10 (+1.36%)
     
  • Bitcoin AUD

    108,846.48
    +3,503.16 (+3.33%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • AUD/EUR

    0.6039
    +0.0008 (+0.13%)
     
  • AUD/NZD

    1.0904
    +0.0024 (+0.22%)
     
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NASDAQ

    18,252.25
    -28.59 (-0.16%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,787.69
    +27.61 (+0.07%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     

Zacks.com featured highlights include: Nexstar Broadcasting Group, ResMed, Lam Research, Qorvo and Northrop Grumman

For Immediate Release

Chicago, IL – November 22, 2019 - Stocks in this week’s article are Nexstar Broadcasting Group, Inc. NXST, ResMed Inc. RMD, Lam Research Corp. LRCX, Qorvo, Inc. QRVO and Northrop Grumman Corporation NOC.

5 Best Stocks with Strong Sales Growth to Buy Right Away

Solid sales growth is one of the most important characteristics of winners in the stock market. The companies that put more emphasis on sales management have a competitive advantage, as strong sales generally get converted into growth.

Revenues are often more closely monitored than earnings when assessing the growth of a business. This is because investors want to ensure that the business has the capability of generating more sales over time.

ADVERTISEMENT

Flat or declining sales indicate obstacles for the company and limit the scope for sustained growth. Companies with top-line pressure may generate near-term profit but that doesn’t ensure enough growth to attract investors.

Without impressive top-line growth, the bottom-line improvement may not be sustainable over the longer term. While a company can show earnings strength by lowering costs, sustainable growth in the bottom line usually requires robust sales performance.

However, sales growth alone doesn’t indicate much about a company’s future performance. Though it provides investors an insight into product demand and pricing power, a huge sales number is not necessarily translated into profits.

So, taking a company’s cash position along with its sales number into consideration can prove to be a more dependable strategy. Substantial cash in hand and a steady cash flow lend a company more flexibility with respect to business decisions and potential investments. Also, an adequate cash position suggests that revenues are being channelized in the right direction.

For the rest of this Screen of the Week article please visit Zacks.com at:https://www.zacks.com/stock/news/630941/5-best-stocks-with-strong-sales-growth-to-buy-right-away

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 >>.

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

Visit: www.Zacks.com

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

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

 

 

 

                                                                                     


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Qorvo, Inc. (QRVO) : Free Stock Analysis Report
 
Northrop Grumman Corporation (NOC) : Free Stock Analysis Report
 
Nexstar Broadcasting Group, Inc. (NXST) : Free Stock Analysis Report
 
ResMed Inc. (RMD) : Free Stock Analysis Report
 
Lam Research Corporation (LRCX) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research