For Immediate Release
Chicago, IL – January 28, 2022 – Stocks in this week’s article are Veoneer VNE, PattersonUTI Energy PTEN and Select Energy Services WTTR.
3 Best Stocks to Buy for Solid Earnings Acceleration
If the rate of a company’s quarter-over-quarter earnings growth increases within a stipulated frame of time, it can be called earnings acceleration. In other words, earnings acceleration is the incremental growth in a company’s earnings per share (EPS).
We all know that constant earnings growth captivates almost everyone, from top brass to research analysts. This is because earnings are a measure of the money a company is making. Still, earnings acceleration works even better when it comes to lifting the stock price. Studies have shown that most successful stocks had seen an acceleration in earnings before an uptick in the stock price.
In case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven’t caught the attention of investors yet, which once secured will invariably lead to a rally in the share price. This is because earnings acceleration considers both direction and magnitude of growth rates.
An increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may at times drag prices down.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1858015/3-best-stocks-to-buy-for-solid-earnings-acceleration
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PattersonUTI Energy, Inc. (PTEN): Free Stock Analysis Report
Select Energy Services (WTTR): Free Stock Analysis Report
Veoneer, Inc. (VNE): Free Stock Analysis Report
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