In light-weight of the Federal Reserve’s announcement that it will pause desire level hikes by means of 2023, traders may well want to have a search at these four great companies that have solid Piotroski F-scores according to the All-in-1 Screener, a High quality aspect of GuruFocus: The Property Depot Inc. (NYSE:Hd), IDEXX Laboratories Inc. (NASDAQ:IDXX), Moody’s Company (NYSE:MCO) and Usana Wellness Sciences Inc. (NYSE:USNA).

Dow surges on Fed keeping premiums consistent and upgrading economic outlook

On Wednesday, the Federal Open up Marketplace Committee reported in a submit-meeting statement that financial exercise and work indicators “have turned up a short while ago” and that inflation stays in the vicinity of 2{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312}. The committee also voted to keep brief-phrase borrowing prices in close proximity to zero.

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The U.S. stock current market obtained a St. Patrick’s Working day improve on the heels of the Fed’s upbeat economic outlook and announcement it will pause desire charge hikes to at the very least 2023. The Dow Jones Industrial Average closed at 33,015.37, topping 33,000 for the 1st time in historical past and up 189.42 factors from Tuesday’s close of 32,825.95.

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As such, traders may possibly obtain prospects in companies that have revealed profitability above the previous 10 several years and have a Piotroski F-score of at least 7 out of 9. Piotroski produced a 9-issue criterion that grades a company’s small business functions. The accounting professor’s investigation indicates that businesses with high F-scores have higher return probable than corporations with reduced F-scores.

Dwelling Depot

Residence Depot (NYSE:Hd) scores a Piotroski F-rating of 7, driven by good good quality of earnings, a reduce leverage ratio this yr in comparison to previous yr and a greater recent ratio this yr when compared to very last 12 months.

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GuruFocus ranks the Atlanta-centered property furnishings retailer’s profitability 9 out of 10 on a number of favourable investing indications, which incorporate a five-star business predictability rank and an working margin that has elevated around .7{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} for each yr on typical around the earlier 5 decades and is outperforming in excess of 90{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of world opponents.

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Gurus with big holdings in Dwelling Depot contain Ken Fisher (Trades, Portfolio), Pioneer Investments (Trades, Portfolio) and Spiros Segalas (Trades, Portfolio).

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IDEXX Laboratories

Westbrook, Maine-based mostly IDEXX Laboratories (NASDAQ:IDXX) develops, manufactures and distributes diagnostic goods, products and solutions for pets and livestock. GuruFocus ranks the company’s profitability 9 out of 10 on a number of beneficial investing symptoms, which include a significant Piotroski F-rating of 7, a five-star business predictability rank and an running margin that has increased close to 5.7{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} for each yr on typical over the past 5 a long time and is outperforming around 85{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of worldwide competitors.

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Moody’s Corporation

Moody’s Corporation (NYSE:MCO), a New York-based mostly credit score supplier, scored a excellent Piotroski F-rating of 9.

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GuruFocus ranks the firm’s profitability 10 out of 10 on several positive investing indicators, which include things like a five-star company predictability rank, an working margin in close proximity to a 10-yr high of 45.56{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} and a return on belongings that outperforms over 91{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of world-wide competitors.

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Usana Wellbeing Services

Usana Wellness Solutions (NYSE:USNA) develops, manufactures and sells science-dependent nutritional and individual-care products and solutions. GuruFocus ranks the firm’s money energy and profitability 9 out of 10 on many beneficial investing signals, which involve a higher Piotroski F-rating of 8, an working margin that has increased roughly .8{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} for each year on ordinary about the earlier 10 several years and fascination protection and personal debt ratios that outperform about 91{e0233a5a8ca3dab8ed448c5451aba2c38c77d167988a5d203483ecea09d61312} of world-wide opponents.

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Disclosure: No positions.

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James Li

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