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Buy These 3 Top Stocks for Remarkable Earnings Acceleration
Inseego Inseego (US:INSG) ZACKS·2024-06-21 11:55

Core Insights - Earnings acceleration is a key indicator of a company's financial health and can lead to stock price increases, as it reflects incremental growth in earnings per share (EPS) [2][3] - Companies with increasing earnings growth percentages are considered fundamentally sound, while stagnant or declining growth can indicate potential issues [4] Screening Parameters - Stocks are screened based on the last two quarter-over-quarter EPS growth rates exceeding previous periods' growth rates, with projected growth rates also expected to be higher [5][6] - Additional criteria include a current stock price of at least $5 and an average 20-day trading volume of 50,000 or more, ensuring adequate liquidity [8] Identified Stocks - Inseego (INSG) is highlighted as a top stock with an expected earnings growth rate of 92.3% for the current year and holds a Zacks Rank 2 (Buy) [9] - AAR (AIR) is noted for its expected earnings growth rate of 15.4% and also has a Zacks Rank 2 [10] - Geopark (GPRK) is recognized with an expected earnings growth rate of 50.9% and a Zacks Rank 2 [10]