R&D is an excellent predictor of earnings growth, and stocks with low price-to-R&D ratios generally outperform. Smart Money's Jack Hough likes three companies which spend at least 10% of sales in R&D, have boosted R&D spending by at least 10% in the past year, and have price/R&D ratios below 30: KLA Tencor (NASDAQ:KLAC), Abbott Labs (NYSE:ABT), Analog Devices (NASDAQ:ADI).
R&D is an excellent predictor of earnings growth, and stocks with low price-to-R&D...
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Symbol | Last Price | % Chg |
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KLAC | - | - |
KLA Corporation |