For Immediate Release
Chicago, IL – January 24, 2022 – Stocks in this week’s article are Crocs CROX, United Natural Foods UNFI and Boot Barn BOOT.
3 Best Stocks to Buy Now for Solid Income Growth
Revenue growth is the highest priority for any organization’s top brass. This is because if the company is not profitable, it will not last long.
Analyze the company’s profits over a period of time, subtract the cost of production, and you have profits. This metric is also considered the most important variable influencing the share price. But, earnings expectations also play an important role.
Earnings Estimates and Share Price Movement
Often, we see a decline in stock price despite rising earnings and a rally in price following a decline in earnings. This is largely the result of a company’s earnings not meeting market expectations.
Earnings estimates contain the opinion of analysts on factors such as sales growth, product demand, competitive industry environment, profit margins and cost control. Thus, income estimates serve as an important tool while making investment decisions. Earnings estimates also help analysts assess cash flow to determine a company’s fair value.
Investors, therefore, should watch out for stocks that are willing to take big strides. Therefore, it is important for investors to buy stocks with historical earnings growth and see increases in quarterly and annual earnings estimates.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1855337/3-best-stocks-to-buy-now-for-solid-earnings-growth
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Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report
Crocs, Inc. (CROX): Free Stock Analysis Report
United Natural Foods, Inc. (UNFI): Free Stock Analysis Report
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