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Zacks.com featured highlights nCino, Constellation Energy, Brookfield Renewable Partners and Marathon Digital

For Immediate Release

Chicago, IL – May 31, 2023 – Stocks in this week’s article are nCino NCNO, Constellation Energy Corp. CEG, Brookfield Renewable Partners BEP and Marathon Digital MARA.

4 Stocks to Watch Now for Superb Earnings Acceleration

From top brass to research analysts, almost everyone in the investment world is captivated by earnings growth. This is because earnings are a measure of the money a company is making. Still, earnings acceleration works better when it comes to lifting the stock price.

Studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in the stock price. Some of the notable companies to have witnessed solid earnings acceleration as of now are nCino, Constellation Energy Corp., Brookfield Renewable Partners and Marathon Digital.

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Earnings acceleration, in fact, is the incremental growth in a company’s earnings per share (EPS). In other words, if the rate of a company’s quarter-over-quarter earnings growth increases within a stipulated frame of time, it can be called earnings acceleration.

In case of earnings growth, you pay for something that is already reflected in the stock price. But earnings acceleration helps spot stocks that haven’t yet caught the attention of investors. Once secured, it will invariably lead to a rally in the share price. This is because earnings acceleration considers both the direction and magnitude of growth rates.

An increasing percentage of earnings growth means that the company is fundamentally sound and has been on the right track for a considerable period. Meanwhile, a sideways percentage of earnings growth indicates a period of consolidation or slowdown, while a decelerating percentage of earnings growth may sometimes drag prices down.

The above criteria narrowed down the universe of around 7,735 stocks to only eight. Here are the four stocks to keep an eye on:

nCino is a provider of cloud-based software for financial institutions. NCNO’s expected earnings growth rate for the current year is 628.6%. The company currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.

Constellation Energy generates and sells electricity in the United States. The company currently has a Zacks Rank #3 (Hold). CEG’s expected earnings growth rate for the current year is 918.4%.

Brookfield Renewable Partners owns and operates a renewable power platform. The company currently has a Zacks Rank #3. BEP’s expected earnings growth rate for the current year is 80%.

Marathon Digital is a digital asset technology company that mines cryptocurrencies, focusing on the blockchain ecosystem and the generation of digital assets. The company presently carries a Zacks Rank #3. MARA’s expected earnings growth rate for the current year is 112.6%.

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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.

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For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/2101258/4-stocks-to-watch-now-for-superb-earnings-acceleration

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

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Contact: Jim Giaquinto

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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.

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Constellation Energy Corporation (CEG) : Free Stock Analysis Report

Brookfield Renewable Partners L.P. (BEP) : Free Stock Analysis Report

Marathon Digital Holdings, Inc. (MARA) : Free Stock Analysis Report

nCino Inc. (NCNO) : Free Stock Analysis Report

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Zacks Investment Research