Core Insights - Liquidity is crucial for a company's ability to meet debt obligations and can drive business growth, making it a key factor for investors [1] - Four top-ranked stocks identified for potential investment are EverQuote, Inc. (EVER), Innodata Inc. (INOD), PJT Partners Inc. (PJT), and GigaCloud Technology Inc. (GCT) [1][9] Liquidity Measures - Current Ratio: Measures current assets against current liabilities; a ratio below 1 indicates more liabilities than assets, while a range of 1-3 is ideal [3] - Quick Ratio: Indicates ability to pay short-term obligations, with a desirable ratio of more than 1 [4] - Cash Ratio: The most conservative measure, focusing on cash and equivalents relative to current liabilities; a ratio greater than 1 is desirable but may indicate inefficiency [5] Screening Parameters - Asset Utilization: A measure of efficiency, calculated as total sales over the last 12 months divided by the average total assets; a higher ratio than the industry average indicates efficiency [6] - Growth Score: A proprietary metric ensuring that selected stocks have solid growth potential; stocks with a Growth Score of A or B tend to outperform others [10] Company-Specific Insights - EverQuote, Inc. (EVER): Online insurance marketplace with Q3 revenues of $173.9 million, a 20% year-over-year increase; projected Q4 revenues between $174-$180 million [12][13] - Innodata Inc. (INOD): Data engineering company with Q3 revenues of $62.6 million, up 20% year-over-year; expects significant revenue growth from new contracts [15][16] - PJT Partners Inc. (PJT): Advisory-focused investment bank with Q3 revenues of $447 million, a 37% year-over-year increase; management anticipates strong M&A activity due to favorable market conditions [16][17] - GigaCloud Technology Inc. (GCT): Provides B2B e-commerce solutions with Q3 revenues of $333 million, a 10% year-over-year increase; expects Q4 revenues between $328 million and $344 million [19][20]
Add These 4 Top-Ranked Liquid Stocks to Maximize Portfolio Returns