Yahoo! Finance: This Local Company’s Stock Worth Investing In Right Now

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Strong sales growth has put Berwyn-based AMETEK among five companies with stocks worth investing in right now, writes Swayta Shah for Yahoo! Finance.

Despite being a major financial indicator, sales growth is often neglected by investors when looking for a profitable investment strategy. In the current market that is often shifting due to fickle customer preferences, evolving needs, and an exceptionally competitive environment, it is crucial for a company to maintain stable sales growth.

Still, sales growth in isolation does not mean guaranteed success. That is why it’s so important to consider its cash position, as well as its sales numbers and other factors.

AMETEK, a global manufacturer of electronic instruments and electromechanical devices, has a projected sales growth rate for the current year of 8.4 percent. At present, it has annual sales of around $5 billion.

AMETEK also currently employs around 18,000 at more than 150 locations, and has a worldwide network of sales, service, and support locations in 30 countries.

Read more about AMETEK from Yahoo! Finance here.

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