Buy Profitable S&P 500 Stocks as the Index Tops 6000: NVIDIA & 2 More
From NASDAQ.: 2024-11-12 15:05:00
The S&P 500 surpassed 6,000 thanks to the post-election rally and hopes of lower corporate taxes. Investors can benefit by focusing on profitable stocks using metrics like the net income ratio. NVIDIA, Insulet, and Howmet Aerospace are top picks with a high net income ratio and strong growth potential.
Factors like Zacks Rank, sales and net income growth, and percentage rating contribute to a winning strategy. NVIDIA leads in visual computing technologies with a 55% net profit margin. Insulet specializes in the Omnipod Insulin Management System with a 21.2% net profit margin. Howmet Aerospace offers engineered solutions with a 14.8% net profit margin.
A list of 35 stocks meeting screening criteria includes these top performers. Sign up for a free trial to the Research Wizard to access the full list and develop your own successful investment strategies. These handpicked stocks have the potential to double in value, offering a unique opportunity for investors to capitalize on growth potential and outperform the market.
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