3 Sales & Earnings Growth Winners

Here’s a great screen to run during a solid earnings season like we’re having right now. And it doesn’t hurt that we’re in the midst of an epic rally where the Dow has surged thousands of points in a few days on hopes of a coronavirus vaccine.

We’re talking about the Sales & Earnings Growth Winners screen. Of course, it starts with Zacks Rank #1s (Strong Buys) and Zacks Rank #2s (Buys), but seeks out companies with a Zacks Style Score of A or B for growth as well. It also looks for effective management through ROE and good liquidity through the current ratio.

The November rally has loaded this screen with several strong and stable growth stocks. Learn about three of them below:

Crocs (CROX Quick Quote CROX - Free Report)

Even this pandemic can’t keep Crocs (CROX Quick Quote CROX - Free Report) down, which shows the power of the brand and CROXcustomer satisfaction with their ugly yet surprisingly comfortable shoes.

Don’t call it a “pandemic stock” because CROX has been a solid company for years… long before the world changed. Let’s just say it’s performing better than most in an environment where people haven’t worn dress shoes in several months. Nobody cares what’s on your feet during a Zoom call.

The stock is up nearly 350% since the coronavirus low on March 23. More importantly, though, CROX did something in its last report that most companies don’t feel comfortable doing right now: it offered some guidance for the future.

It expects revenue growth between 20% and 30% in the fourth quarter and 5% to 7% for full-year 2020.

For the third quarter, earnings per share of 94 cents improved approximately 65% from last year and beat the Zacks Consensus Estimate by more than 38%. It has beaten our expectations in 10 of the last 11 reports.

That rare miss came in the first quarter, while the second-quarter beat was more than 700%. It appears the company has normalized a bit after some covid chaos.

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