Technology

Zacks.com featured highlights include: Take-Two Interactive, Teradyne, United Rentals, Portland General Electric, Broadridge Financial Solutions

For Immediate Release

Chicago, IL – August 4, 2020 – Stocks in this week’s article are Take-Two Interactive Software, Inc. TTWO, Teradyne, Inc. TER, United Rentals, Inc. URI, Portland General Electric Company POR and Broadridge Financial Solutions, Inc. BR.

Buy These 5 Stocks with Incredible Sales Growth Right Now

In today’s fast changing and highly competitive operating environment, solid sales growth is the key to survival of any business. But investors fail to see sales growth as a dependable metric while choosing stocks. This is because of the preconceived belief that a company’s stock price is generally sensitive to earnings strength.

For any company, sales growth not only provides an understanding of product demand and pricing power but also is important for growth projections and strategic decision making. In case a company incurs a loss in one particular quarter (albeit temporary), then valuing it on the basis of sales growth offers an insight into the future performance.

Also, a company can enhance earnings by resorting to cost-control measures while maintaining stable revenues. However, a sustainable bottom-line improvement invariably requires superior top-line growth.

Nonetheless, a large sales number does not automatically translate into profits. Therefore, it’s advisable to consider a company’s cash position along with sales number. Substantial cash in hand and a steady cash flow lend a company more flexibility with respect to business decisions and investments.

Selecting Winning Stocks

In order to shortlist stocks with impressive sales growth and a high cash balance, we have selected 5-Year Historical Sales Growth (%) greater than X-Industry and Cash Flow more than $500 million as our main screening parameters.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1029521/buy-these-5-stocks-with-incredible-sales-growth-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 >>.

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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 http://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
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TakeTwo Interactive Software, Inc. (TTWO): Free Stock Analysis Report
 
Portland General Electric Company (POR): Free Stock Analysis Report
 
Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report
 
United Rentals, Inc. (URI): Free Stock Analysis Report
 
Teradyne, Inc. (TER): Free Stock Analysis Report
 
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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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