Zacks.com featured highlights include NVIDIA, Insulet and Howmet Aerospace

For Immediate ReleaseChicago, IL – November 13, 2024 – Stocks in this week’s article are NVIDIA Corp. NVDA, Insulet Corp. PODD and Howmet Aerospace Inc. HWM.Buy Profitable S&P 500 Stocks as the Index Tops 6KOn Monday, the S&P 500 eclipsed the coveted 6,000 mark, banking on the post-election rally. Donald Trump’s election victory has raised hopes of lower corporate taxes and deregulation, which helped the market benchmark to scale upward. The recent interest rate cuts by the Federal Reserve also boosted investors’ sentiment.Thus, investors should make the most of the S&P 500’s upward trajectory by favoring profitable stocks over unprofitable ones. Investors should consider metrics like accounting ratios for performance assessment. We have selected the most successful and commonly used profitability ratio to evaluate a company’s performance.To that end, NVIDIA Corp., Insulet Corp.  and Howmet Aerospace Inc. have been selected as the top picks with a high net income ratio.Net Income RatioThe net income ratio shows a company’s profitability level. It reflects the percentage of net income to total sales revenues. Using the net income ratio, one can determine a firm’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.These few parameters have narrowed the universe of more than 7,685 stocks to only 35.Here are three of the 35 stocks that qualified for the screening:NVIDIANVIDIA Corporation leads in visual computing technologies and invented the graphic processing unit or GPU. The 12-month net profit margin of NVDA is 55%.The company’s expected earnings growth rate for the current year is 116.9%. NVIDIA Corporation currently has a Zacks Rank #2 (read more: NVIDIA Tops $3.5T Milestone - Good Time to Buy NVDA Stock?).InsuletInsulet is a leading developer, manufacturer and marketer of the Omnipod Insulin Management System. The 12-month net profit margin of PODD is 21.2%.The company’s expected earnings growth rate for the current year is 12.7%. Insulet currently has a Zacks Rank #2.Howmet AerospaceHowmet Aerospace offers engineered solutions for customers in the transportation and aerospace industries. The 12-month net profit margin of HWM is 14.8%.The company’s expected earnings growth rate for the current year is 41.9%. Howmet Aerospace currently has a Zacks Rank #2.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 test 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.Click here to sign up for a free trial to the Research Wizard today.For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2369189/buy-profitable-sp-500-stocks-as-the-index-tops-6000-nvidia-2-more?art_rec=quote-stock_overview-zacks_news-ID02-txt-2369189Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Contact: Jim GiaquintoCompany: Zacks.comPhone: 312-265-9268Email: pr@zacks.comVisit: https://www.zacks.com/Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.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.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA): Free Stock Analysis Report Insulet Corporation (PODD): Free Stock Analysis Report Howmet Aerospace Inc. (HWM): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks