Zacks.com featured highlights Pinduoduo, Tecnoglass, Hudson Technologies and Schlumberger – Yahoo Finance
Chicago, IL – December 9, 2022 – Stocks in this week’s article are Pinduoduo PDD, Tecnoglass TGLS, Hudson Technologies HDSN and Schlumberger SLB.
It’s important for investors to seek a profitable company over a loss-making one. In fact, they should look for companies that offer sturdy returns even after meeting all operating and non-operating costs. Hence, we have used the concept of accounting ratios to evaluate a company’s profitability. There are 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, Pinduoduo, Tecnoglass, Hudson Technologies and Schlumberger have been selected as the top picks with a high net income ratio.
The 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 to meet 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 13 stocks that qualified the screening:
Pinduoduo provides an e-commerce platform allowing users to participate in group buying deals, primarily through Tencent's Wechat app. Pinduoduo is based in Shanghai, China. The 12-month net profit margin of PDD is 24.1%.
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%.
Schlumberger is a leading oilfield services company, providing services to oil and gas explorers, and producers across the world. The 12-month net profit margin of SLB is 11.3%.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and backtest them first before taking the investment plunge.
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/2026633/4-of-the-best-profitable-stocks-to-buy-using-net-income-ratio
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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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Schlumberger Limited (SLB) : Free Stock Analysis Report
Hudson Technologies, Inc. (HDSN) : Free Stock Analysis Report
Tecnoglass Inc. (TGLS) : Free Stock Analysis Report
Pinduoduo Inc. Sponsored ADR (PDD) : Free Stock Analysis Report
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