As we continue to see volatility in financial markets, along with the prospect of several interest-rate hikes this year, it is especially important to focus on profitable companies. First, the company must be able to generate strong top-line growth and then it needs to control costs in order to translate revenue into higher bottom-line growth. There are also different accounting methods that may cause net income to be over- or understated.
I screened for return on equity because it is an important factor to assess the financial performance of a company that includes profitability, return on assets and leverage.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: globeandmail - 🏆 5. / 92 Read more »
Source: globeandmail - 🏆 5. / 92 Read more »