Zacks.com highlights include Boot Barn, Nova Measuring Instruments and Vaalco Energy


For immediate release

Chicago, IL – July 12, 2022 – Stocks in this week’s article are Boot Barn BOOT, Nova Measuring Instruments NVMI and Vaalco Energy EGY.

3 most profitable stocks to bet on using net interest ratios

Smart investors always look for a profitable business rather than a loss-making business. Thus, they aim for companies that offer solid returns to investors even after assuming all operating and non-operating costs. Here we have used the concept of accounting ratios to assess the profitability of a business.

There are a variety of profitability ratios, among which we have chosen the most effective and frequently used measure of profitability to determine the overall performance of a company.

To this end, Boot Barn, Nova Measuring Instruments and Vaalco Energy were selected as the top picks with a high net income ratio.

Net income ratio

The net income ratio gives us the exact level of profitability of a company. It reflects the percentage of net income in relation to total turnover. Using the net income ratio, one can determine the efficiency of a business in covering operating and non-operating expenses from revenues. A higher net income ratio generally implies a company’s ability to generate significant revenue and successfully manage all business functions.

Here are three of the 13 actions that qualified the screening:

boot barn is a chain of lifestyle stores devoted to western and work-related footwear, clothing and accessories. BOOT’s 12-month net profit margin is 12.9%.

Nova measuring instruments is a provider of metrology solutions for advanced process control used in semiconductor manufacturing. NVMI’s 12-month net profit margin is 12.9%.

Vaalco Energy is an independent energy company principally engaged in the acquisition, exploration, development and production of crude oil and natural gas. EGY’s 12-month net profit margin is 36.9%.

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For the rest of this article on Screen of the Week, please visit Zacks.com at: https://www.zacks.com/stock/news/1928904/3-top-rated-profitable-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 the options mentioned herein. An affiliated investment advisory firm may hold or have shorted securities and/or hold long and/or short positions in options mentioned herein.

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Solid stocks that should make headlines

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

Zacks names ‘only one best choice for doubling up’

From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.

It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could jump in at any moment.

This company could rival or surpass other recent Zacks stocks which are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.

Free: See our best stock and our 4 finalists >>

Click to get this free report

Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report

Vaalco Energy Inc (EGY): Free Stock Analysis Report

Nova Ltd. (NVMI): Free Stock Analysis Report

To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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