These stocks with long track record of growing sales have a history of outperformance, Jefferies says

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These stocks have shown an ability to continue growing revenue at a strong rate.

As earnings season kicks into high gear, investors will be searching for companies that have shown a continuous ability to grow revenue. Jefferies has some ideas. Desh Peramunetilleke, the firm's global head of quantitative strategy, released a list of stocks that have "consistently and steadily" added to their top lines over the past one to two decades. To find these names, the firm screened all non-finance stocks that trade in the U.S.

mountain Wingstop and Texas Roadhouse, year to date Despite those jumps, Morgan Stanley analyst Brian Harbour warned that pressure on the lower-end customer can be a challenge for the industry. He listed Wingstop and Texas Roadhouse as part of a group that can win, but may see more limited upward revisions. Harbour also said valuation has become more important for these names. Both stocks have buy ratings from the average analyst surveyed by LSEG.

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