Chicago, IL – February 16, 2010- Kevin Matras screens for companies showing their ‘first’ profit and explains why these are the ones to watch. Stocks in this week’s article include Crocs, Inc. (NASDAQ: CROX), Cypress Semiconductor Corp. (NASDAQ: CY), D.R. Horton, Inc. (NYSE: DHI), Gaiam Inc. (NASDAQ: GAIA) and Kelly Services, Inc. (NASDAQ: KELYA).
Screen of the Week written by Kevin Matras of Zacks Investment Research:
With fourth-quarter earnings winding down, I’ve been running a screen with an interesting concept: to find companies that have just recently shown their first quarterly profit within the last year.
Some of these companies will be relatively new and this recent profit may be the only profit in the company’s history – so far. Others may have a long history of profitability, but have seen a contraction over the last year as the recession raged on.
I like this concept because if the trend has been one of improvement, there’s a good chance that trend will continue. This is true whether you’ve been profitable or are just getting profitable.
But there’s something entirely different about growth AND being profitable. And those are the stocks that will likely see the best new demand from new investors.
And that’s what we’re screening for today:
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