Many companies are handling these tough times in a defensive crouch. Keeping sales stable and expenses at a minimum enables them to survive until the economy gets back on its feet. But select companies are able to take advantage of these challenging times, aggressively seeking ways to boost sales.
I screened the entire membership of the S&P 500 Index to find companies that have been able to defy the slowdown and that keep powering the top line to new heights.
The screen revealed a number of oil and gas names that are expected to derive higher sales from firming energy prices in 2011. But it's unclear if the economic growth will be sufficient to boost energy prices enough to help these companies sharply boost sales in 2011, as analysts currently suspect. So, I've removed names such as EOG Resources (NYSE: EOG), Apache (NYSE: APA), Range Resources (NYSE: RRC), Chevron (NYSE: CVX) and others from this list. (more)
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