Zacks.com featured expert Kevin Matras highlights: Affymetrix Inc., DepoMed Inc., JinkoSolar Holding Co., Ltd., Motorcar Parts of America Inc. and PDC Energy, Inc. PR Newswire CHICAGO, Aug. 29, 2013 CHICAGO, Aug. 29, 2013 /PRNewswire/ --Stocks in this week's article include: Affymetrix Inc. (NASDAQ: AFFX – Free Report), DepoMed Inc. (NASDAQ: DEPO), JinkoSolar Holding Co., Ltd. (NYSE: JKS – Free Report), Motorcar Parts of America Inc. (NASDAQ: MPAA – Free Report) and PDC Energy, Inc. (NASDAQ: PDCE – Free Report). Kevin Matras screens for companies showing their 'first' profit, and explains why they are ones to watch. (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Screen of the Week written by Kevin Matras of Zacks Investment Research: Now is a great time to take a look at my 'First Profit' stock screen. The concept for this one is to find companies that have recently shown their first quarterly profit within the last year. Some of these companies will be relatively new, so this recent profit may be the only profit in the company's history so far. Others may have a long history of profitability, but haven't seen a profit in a while for whatever reason -- but have finally returned to profitability. I like this concept because if the trend has been one of improvement, there's a good chance that trend will continue. This is true whether you've been profitable or are just getting profitable. But some (like myself for example) dislike buying companies that cannot show a profit. And there are many others who won't even consider a stock unless it's making money. Losing less than the previous quarter is indeed an improvement. And in that respect, by definition, it is growth, i.e., they're growing less unprofitable. And it's even better if the losses are less and less in each sequential quarter. But there's something entirely different about growth AND being profitable. And those are the stocks that will likely see the best new demand from new investors. People who are now, all of a sudden, willing to take notice of and pay attention to the stock. And that's what we're screening for today… For the rest of this Screen of the Week article please visit Zacks.com at: http://www.zacks.com/commentary/28748/ Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: http://at.zacks.com/?id=111 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. 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Zacks.com featured expert Kevin Matras highlights: Affymetrix Inc., DepoMed Inc., JinkoSolar Holding Co., Ltd., Motorcar Parts
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