Zacks.com featured highlights include Lamb Weston, Tecnoglass, Hudson Technologies and Northeast Community Bancorp – Yahoo Finance
Chicago, IL – November 23, 2022 – Stocks in this week’s article are Lamb Weston LW, Tecnoglass TGLS, Hudson Technologies HDSN and Northeast Community Bancorp NECB.
Investors should search for companies that offer sturdy returns even after meeting all operating and non-operating costs. In other words, they seek a profitable company over a loss-making one. Thus, we have used the concept of accounting ratios to evaluate a company's profitability. There is a variety of profitability ratios, from which we have chosen the most successful and frequently used profitability metric to determine the bottom-line performance of a company.
To that end, Lamb Weston, Tecnoglass, Hudson Technologies and Northeast Community Bancorp have been selected as the top picks with a high net income ratio.
Net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using the net income ratio, one can determine a company's effectiveness in meeting operating and non-operating expenses from revenues. A higher net income ratio usually implies a company's ability to generate ample revenues and successfully manage all business functions.
Here are four of the 15 stocks that qualified the screening:
Lamb Weston is a leading global manufacturer, marketer and distributor of value-added frozen potato products, particularly French fries, and provides a range of appetizers. The 12-month net profit margin of LW is 9.5%.
Tecnoglass is engaged in manufacturing and selling architectural glass and windows, and aluminum products for the residential and commercial construction industries. The 12-month net profit margin of TGLS is 18.9%.
Hudson Technologies is a leading provider of innovative solutions to recurring problems within the refrigeration industry. The 12-month net profit margin of HDSN is 33.3%.
Northeast Community Bancorp is a federally chartered stock holding company established to be the holding company for Northeast Community Bank. The 12-month net profit margin of NECB is 33.6%.
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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/2020731/4-top-ranked-stocks-to-buy-using-net-income-ratio.
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.
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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/performancefor information about the performance numbers displayed in this press release.
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Hudson Technologies, Inc. (HDSN) : Free Stock Analysis Report
Tecnoglass Inc. (TGLS) : Free Stock Analysis Report
Lamb Weston (LW) : Free Stock Analysis Report
Northeast Community Bancorp Inc. (NECB) : Free Stock Analysis Report
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