Chicago, IL – March 15, 2022 – Stocks in this week’s article are CrowdStrike CRWD, Vaalco Energy EGY, and Oasis Petroleum OAS
We all know that constant earnings growth captivates almost everyone, from the 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.
Earnings acceleration 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.
Nonetheless, 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 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 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 at times drag prices down.
The above criteria narrowed down the universe of around 7,735 stocks to only three. Here are the stocks:
CrowdStrike is a leader in next-generation endpoint protection, threat intelligence and cyberattack response services. CrowdStrike has a Zacks Rank #2 (Buy). The company's expected earnings growth rate for the current year is 52.2%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Vaalco Energy is an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. Vaalco Energy has a Zacks Rank #2. The company's expected earnings growth rate for the current year is 48.2%.
Oasis Petroleum is an independent explorer engaged in acquiring and developing oil and natural gas resources. Oasis Petroleum has a Zacks Rank #1 (Strong Buy). The company's expected earnings growth rate for the current year is 192%.
https://www.zacks.com/stock/news/1881455/3-stocks-to-invest-in-for-stellar-earnings-acceleration
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Vaalco Energy Inc (EGY) : Free Stock Analysis Report
Oasis Petroleum Inc. (OAS) : Free Stock Analysis Report
CrowdStrike (CRWD) : Free Stock Analysis Report
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