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Zacks.com featured highlights BellRing Brands, ResMed, NVIDIA and Transdigm

For Immediate Release

Chicago, IL – May 15, 2024 – Stocks in this week’s article are BellRing Brands BRBR, ResMed RMD, NVIDIA NVDA and Transdigm Group TDG.

4 Top Stocks to Invest In for Astounding Earnings Growth

Earnings growth is the highest priority for any start-up or a renowned company. This is because a company won't last long if it doesn’t make money.

So, what is earnings growth? Study a company’s revenues over a given period, subtract the production cost, and you have earnings. By the way, this is also considered the most important variable influencing share price. But, expectations of earnings play a noteworthy 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.

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Earnings estimates embody analysts’ opinions 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.

Thus, investors should look for stocks ready to make a big move. Hence, investors need to buy stocks with historical earnings growth and are seeing a rise in quarterly and annual earnings estimates.

The above criteria narrowed the universe of around 7,839 stocks to only 21. Here are the top four stocks that stand out:

BellRing Brands manufactures and sells nutrition products. The company has a Zacks Rank #1 (Strong Buy). BRBR’s expected earnings growth rate for the current year is 34.9%. You can see the complete list of today’s Zacks #1 Rank stocks here.

ResMed holds a major position worldwide as a designer, manufacturer and distributor of generators, masks and related accessories. The company has a Zacks Rank #1. RMD’s expected earnings growth rate for the current year is 17.9%.

NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. The company has a Zacks Rank #2 (Buy). NVDA’s expected earnings growth rate for the current year is 84.7%.

Transdigm Group is a leading global designer, producer and supplier of highly engineered aerospace components used in commercial and military aircraft. The company has a Zacks Rank #2. TDG’s expected earnings growth rate for the current year is 21.7%.

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The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

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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/2273268/4-top-stocks-to-invest-in-for-astounding-earnings-growth

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Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

Visit: https://www.zacks.com/

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

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NVIDIA Corporation (NVDA) : Free Stock Analysis Report

ResMed Inc. (RMD) : Free Stock Analysis Report

Transdigm Group Incorporated (TDG) : Free Stock Analysis Report

BellRing Brands Inc. (BRBR) : Free Stock Analysis Report

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Zacks Investment Research