Investing

Zacks.com featured highlights include NVIDIA, iRadimed, Perdoceo Education and Axcelis Technologies

Antonio Bordunovi / iStock Editorial via Getty Images

Stocks in this week’s article are NVIDIA NVDA, iRadimed IRMD, Perdoceo Education PRDO and Axcelis Technologies ACLS.

4 Top Profitable Stocks to Invest In Using Net Income Ratio

Investors should use the concept of accounting ratios to evaluate a company’s profitability. After all, they always seek a profitable company over a loss-making one. They also look for companies that offer sturdy returns even after meeting all operating and non-operating costs.

There are a variety of profitability ratios, from which we have chosen the most successful and frequently used profitability metric to determine the bottom-line performance of a company.

To that end, NVIDIA, iRadimed, Perdoceo Education and Axcelis Technologies have been selected as the top picks with a high net income ratio.

Net Income Ratio

The net income ratio gives us the exact profitability level of a company. It reflects the percentage of net income to total sales revenues. Using the net income ratio, one can determine a company’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.

Here are four of the 12 stocks that qualified for the screening:

NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. The 12-month net profit margin of NVDA is 31.6%.

iRadimed engages in developing, manufacturing, marketing and distributing magnetic resonance imaging compatible products. The 12-month net profit margin of IRMD is 24.5%.

Perdoceo Education provides educational services. The 12-month net profit margin of PRDO is 17.5%.

Axcelis Technologies is a leading producer of ion implantation equipment used in the fabrication of semiconductors. The 12-month net profit margin of ACLS is 20.2%.
NVIDIA Corporation (NVDA): Free Stock Analysis Report

Axcelis Technologies, Inc. (ACLS): Free Stock Analysis Report

iRadimed Corporation (IRMD): Free Stock Analysis Report

Perdoceo Education Corporation (PRDO): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

This article originally appeared on Zacks

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.