For Immediate Release
Chicago, IL – June 30, 2022 – Stocks in this week’s article are The Chef’s Warehouse CHEF, Delek US Holdings DK and MidAmerica Apartment Communities MAA.
3 Best Stocks to Buy Now for Superb Earnings Growth
Analyze a company’s revenues over a given period of time, subtract the cost of production, and you have earnings. Irrespective of whether it is a start-up or a well-known company, earnings growth is the highest priority for any organization.
This is because if the company doesn’t make money, it won’t last over the long run. In fact, this is also considered the most important variable influencing the share price. But, expectations of earnings play a crucial role.
Earnings Estimates & Share Price Movements
Frequently, we have seen a decline in the stock price despite earnings growth and a rally in price following an earnings decline. This is largely the result of a company’s earnings failing to meet market expectations.
Earnings estimates embody analysts’ opinion on factors such as sales growth, product demand, competitive industry environment, profit margins and cost control. Thus, earnings estimates serve as a valuable tool, while making investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Investors, thus, should be on the lookout for stocks that are ready to make a big move. Hence, investors need to buy stocks with historical earnings growth that are seeing a rise in quarterly and annual earnings estimates.
The above criteria narrowed down the universe of around 7,839 stocks to only 13. Here are the top three stocks that stand out:
The Chef’s Warehouse is a distributor of specialty food products in the United States. The company has a Zacks Rank #1 (Strong Buy). CHEF’s expected earnings growth rate for the current year is 2.540%. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Delek US Holdings is an independent refiner, transporter and marketer of petroleum products. The company has a Zacks Rank #1. DK’s expected earnings growth rate for the current year is 280.2%.
MidAmerica Apartment Communities is a residential real estate investment trust (REIT) engaged in owning, acquiring, operating and selective development of apartment communities, located primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. The company has a Zacks Rank #2 (Buy). MAA’s expected earnings growth rate for the current year is 16.6%.
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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1945525/3-best-stocks-to-buy-now-for-superb-earnings -growth
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MidAmerica Apartment Communities, Inc. (MAA) : Free Stock Analysis Report
Delek US Holdings, Inc. (DK) : Free Stock Analysis Report
The Chefs’ Warehouse, Inc. (CHEF) : Free Stock Analysis Report
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