Zacks.com featured highlights include Tyson Foods, NetApp, NextEra Energy, The Ensign and Central Garden & Pet

For Immediate ReleaseChicago, IL – February 14, 2025 – Stocks in this week’s article are — Tyson Foods TSN, NetApp NTAP, NextEra Energy NEE, The Ensign Group ENSG and Central Garden & Pet CENT.Bet on 5 Top-Ranked Stocks with Rising P/EInvestors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is straightforward — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.But there is more to this whole P/E story. Because not only low P/E, stocks with a rising P/E can also fetch strong returns. In this regard, investors can bet on the likes of Tyson Foods,NetApp,NextEra Energy,The Ensign Group and Central Garden & Pet.Rising P/E: A Useful ToolThe concept is that as earnings rise, so should the price of the stock. As forecasts for expected earnings come in higher, strong demand for the stock should continue to push up its prices. After all, a stock's P/E gives an indication of how much investors are ready to shell out per dollar of earnings.Suppose an investor wants to buy a stock with a P/E ratio of 30. This means that he is willing to shell out $30 for only $1 worth of earnings as he expects earnings of the company to rise at a faster pace in the future owing to strong fundamentals.So, if the P/E of a stock is rising steadily, it means that investors are assured of its inherent strength and expect some strong positives out of it.Also, studies have revealed that stocks have seen their P/E ratios jump over 100% from their breakout point in the cycle. So, if you can pick stocks early in their breakout cycle, you can end up seeing considerable gains.The Winning StrategyIn order to shortlist stocks that are exhibiting an increasing P/E, we chose the following as our primary screening parameters.EPS growth estimate for the current year is greater than or equal to last year’s actual growthPercentage change in last year EPS should be greater than or equal zeroJust these few criteria narrowed down the universe from over 7,700 stocks to just 49.Here are five out of the 49 stocks:Tyson Foods: The Zacks Rank #2 company is the biggest U.S. chicken company that produces, distributes and markets chicken, beef, pork as well as prepared foods. You can see the complete list of today’s Zacks #1 Rank stocks here.The average four-quarter earnings surprise of TSN is 51.95%.NetApp: The Zacks Rank #2 company provides enterprise storage as well as data management software and hardware products and services.The average four-quarter earnings surprise of NTAP is 6.53%.NextEra Energy: The Zacks Rank #2 company is a public utility holding company engaged in the generation, transmission, distribution and sale of electric energy.The average four-quarter earnings surprise of NEE is 6.50%.The Ensign Group: The Zacks Rank #2 company provides healthcare services in the post-acute care continuum, urgent care center and mobile ancillary businesses in the United States.The average four-quarter earnings surprise of ENSG is 1.48%.Central Garden & Pet: The Zacks Rank #1 company is looking forward to strengthening its position as one of the leading companies in the U.S. pet supplies, and lawn and garden supplies space.The average four-quarter earnings surprise of CENT is 208.72%.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/2415129/bet-on-5-top-ranked-stocks-with-rising-peZacks 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 +24.3% 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 NextEra Energy, Inc. (NEE): Free Stock Analysis Report NetApp, Inc. (NTAP): Free Stock Analysis Report Central Garden & Pet Company (CENT): Free Stock Analysis Report Tyson Foods, Inc. (TSN): Free Stock Analysis Report The Ensign Group, Inc. (ENSG): 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