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Zacks.com featured highlights include PDF Solutions, Infineon Technologies and PattersonUTI Energy

For Immediate Release

Chicago, IL – September 26, 2022 – Stocks in this week’s article are PDF Solutions PDFS, Infineon Technologies IFNNY and PattersonUTI Energy PTEN.

3 Best Stocks to Buy Now for Solid Earnings Acceleration

Persistent earnings growth captivates almost everyone, right 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 better when it comes to lifting the stock price. Studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in the stock price.

Earnings acceleration, in fact, 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.

In 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 yet caught the attention of investors. Once secured, it will invariably lead to a rally in the share price. This is because earnings acceleration considers both 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 of time. 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:

PDF Solutions provides technologies and services to enable semiconductor companies to improve the yield and performance of manufactured integrated circuits by providing infrastructure to integrate the design and manufacturing processes. PDFS currently has a Zacks Rank #2 (Buy). PDFS’ expected earnings growth rate for the current year is 425%. You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Infineon Technologies produces and sells semiconductors — microchips that have enabled the information age and led to a vast increase in the speed, portability and capabilities of computers and a myriad of other electronic devices. IFNNY currently has a Zacks Rank #2. IFNNY’s expected earnings growth rate for the current year is 37.5%.

PattersonUTI Energy is an oilfield services company. PTEN currently has a Zacks Rank #2. For the current year, PTEN’s expected earnings growth rate is 118.7%.

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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/1984207/3-best-stocks-to-buy-now-for-solid-earnings-acceleration

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

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Strong Stocks that Should Be in the News

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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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PattersonUTI Energy, Inc. (PTEN) : Free Stock Analysis Report
 
Infineon Technologies AG (IFNNY) : Free Stock Analysis Report
 
PDF Solutions, Inc. (PDFS) : Free Stock Analysis Report
 
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