Chicago, IL - May 15, 2012 - Stocks in this week's article
MDC Holdings, Inc.
Mohawk Industries, Inc.
Standard Pacific Corp.
TransDigm Group, Inc.
). Kevin Matras explains how to use the Current Ratio as a
financial health barometer.
Screen of the Week written by Kevin Matras of Zacks
This week, I'm focusing on another ratio to help gauge a
company's financial health: the Current Ratio.
It's calculated by dividing current assets by current
The higher the ratio, the more liquid assets a company has to
meet its short term obligations.
A ratio of 2 or more (meaning a company has at least twice as
many short-term assets than short-term liabilities) is generally
Presently, the median current ratio for the stocks in the
S&P 500 is 1.65.
In this week's screen, we'll use the Current Ratio as the main
focus and add other logical items to produce a stock list of sound
companies with solid prospects for the future.
For the rest of this Screen of the Week article, please
visit Zacks.com at:
Sign up now for your free trial today and start picking better
stocks immediately. And with the backtesting feature, you can test
your ideas to see how you can improve your trading in both up
markets and down markets. Don't wait for the market to get better
before you decide to do better. Start learning how to be a better
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. Each week, Zacks Profit from the Pros free email newsletter
shares a new screening strategy. Learn more about it here
Zacks.com is a property of Zacks Investment Research, Inc.,
which was formed in 1978 by Leonard Zacks. As a PhD in mathematics
Len knew he could find patterns in stock market data that would
lead to superior investment results. Amongst his many
accomplishments was the formation of his proprietary stock picking
system; the Zacks Rank, which continues to outperform the market by
nearly a 3 to 1 margin. The best way to unlock the profitable stock
recommendations and market insights of Zacks Investment Research is
through our free daily email newsletter; Profit from the Pros. In
short, it's your steady flow of Profitable ideas GUARANTEED to be
worth your time! Register for your free subscription to Profit from
Follow us on Twitter:
Join us on Facebook:
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.
for information about the performance numbers displayed in this
Disclaimer: Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an
offer or solicitation to buy or sell any security.
Contact: Jim Giaquinto
HEXCEL CORP (HXL): Free Stock Analysis Report
MDC HLDGS (MDC): Free Stock Analysis Report
MOHAWK INDS INC (MHK): Free Stock Analysis
STANDARD PAC (SPF): Free Stock Analysis Report
TRANSDIGM GROUP (TDG): Free Stock Analysis
To read this article on Zacks.com click here.