For Immediate Release
Chicago, IL – March 28, 2023 – Stocks in this week’s article are Palantir Technologies PLTR, Las Vegas Sands LVS and Informatica Inc. infa.
3 Stocks with Superb Earnings Acceleration to Buy Now
Earnings growth will continue to enthrall almost everyone in the investment world, from top brass to research analysts. This is because earnings are a measure of the money a company is making. Still, earnings acceleration works better when it comes to lifting the stock price.
Studies have shown that the most successful stocks have seen an acceleration in earnings before an uptick in the stock price. Some of the notable companies to have witnessed solid earnings acceleration as of now are Palantir Technologies, Las Vegas Sands and Informatica Inc.
Earnings acceleration, in fact, is the incremental growth in a company’s earnings per share (EPS). In other words, 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 the 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 yet caught the attention of investors. Once secured, it will invariably lead to a rally in the share price. This is because earnings acceleration considers both the 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 sometimes drag prices down.
The above criteria narrowed down the universe of around 7,735 stocks to only three. Here are the stocks:
Palantir Technologies builds and deploys software platforms for the intelligence community, principally in the United States. The company currently has a Zacks Rank #2 (Buy). PLTR’s expected earnings growth rate for the current year is 233.3%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Las Vegas Sands is a leading international developer of multi-use integrated resorts primarily operating in the United States and Asia. The company currently has a Zacks Rank #1. LVS’ expected earnings growth rate for the current year is 217.5%.
Informatica provides software solutions. The company’s expected earnings growth rate for the current year is 3.9%. INFA currently has a Zacks Rank #2.
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Las Vegas Sands Corp. (LVS) : Free Stock Analysis Report
Informatica Inc. (INFA) : Free Stock Analysis Report
Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report
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