For Immediate Release

Chicago, IL – December 05, 2016 - Stocks in this week’s article include Veeva Systems Inc. (NYSE:VEEV –Free Report),Arista Networks, Inc. (NYSE:ANET –Free Report),TC PipeLines, LP (NYSE:TCP –Free Report),Tristate Capital Holdings, Inc. (NASDAQ:TSC –Free Report) and LifeLock, Inc. (NYSE:LOCK – Free Report).

Screen of the Week of Zacks Investment Research:

Best Earnings Growth Stocks for December

Irrespective of whether it is a fledgling company or a renowned corporation, unswerving earnings growth is the highest priority for the top brass of any organization. And why not? If the company doesn’t make money, it won’t last over the long haul. Consider a company’s revenues over a given period of time, subtract the cost of production and you have earnings.

This metric is also considered to be the most noteworthy variable in influencing the share price. But, expectations of earnings also play a significant role in influencing the price of a stock.

Earnings Estimates Shape Share Prices

Time and again, we have seen the stock price decline despite earnings growth while many a times the stock price has risen despite a decline in earnings. This happens because of the missing or beating of estimates.

So, what does earnings estimates symbolize? Earnings estimates embody analysts’ opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost controls. Analysts can also examine the cash flow based on these periodic earnings estimates to determine the fair value of a company.

As 2016 draws to a close, we have picked stocks that have displayed historical earnings growth and are also seeing a rise in quarterly and annual earnings estimates.

The Winning Strategy

In order to shortlist stocks that have striking earnings growth and positive estimate revisions, we added the following parameters:

Zacks Rank less than or equal to 2 (Only Zacks' 'Buys' and 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.) You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here .

5-Year Historical EPS Growth (%) greater than X-Industry. (Stocks that possess strong EPS growth history.)

% Change EPS F(0)/F(-1) greater than or equal to 5 (Companies that witnessed year-over-year earnings growth rate of 5% or more in the last reported fiscal.)

% Change Q1 Estimates over the last 4 weeks greater than zero (Stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks.)

% Change F1 Estimates over the last 1 week greater than zero (Stocks that have seen their annual earnings estimates revised higher in the last 1 week.)

% Change F1 Estimates over the last 4 weeks greater than zero (Stocks that have seen their annual earnings estimates revised higher in the last 4 weeks.)

The above criteria narrowed down the universe of around 7,854 stocks to only five. Here are the stocks:

Veeva Systems Inc. (NYSE:VEEV – Free Report) provides industry cloud software and data solutions for the life sciences industry in North America, the European Union, the Asia Pacific, and internationally. The company’s estimated earnings growth rate for this year is 14.7%. The Zacks Consensus Estimate for its current year earnings rose 22.2% over the last 60 days.

Arista Networks, Inc. (NYSE:ANET – Free Report) supplies cloud networking solutions in the U.S. and internationally. The company’s estimated earnings growth rate for this year is pegged at 25.5%. The Zacks Consensus Estimate for its current year earnings increased 5% over the last 60 days.

TC PipeLines, LP (NYSE:TCP – Free Report) acquires, owns and participates in the management of energy infrastructure businesses in North America. The company’s estimated earnings growth rate for this year is 8.4%. The Zacks Consensus Estimate for its current year earnings increased 1.9% over the last 60 days.

Tristate Capital Holdings, Inc. (NASDAQ:TSC – Free Report) operates as the bank holding company for TriState Capital Bank that provides various commercial and private banking services to middle-market businesses and high-net-worth individuals in the U.S. The company’s estimated earnings growth rate for this year stands at 21.3%. The Zacks Consensus Estimate for its current year earnings advanced 3.2% over the last 60 days.

LifeLock, Inc. (NYSE:LOCK – Free Report) provides identity theft protection services for consumers; and consumer risk management services for enterprises in the U.S. The company’s estimated earnings growth rate for this year is 22.5%. The Zacks Consensus Estimate for its current year earnings increased 3.5% over the last 60 days.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today .

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. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance .

Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »

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: https://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. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.

Get the full Report on VEEV - FREE

Get the full Report on ANET - FREE

Get the full Report on TCP - FREE

Get the full Report on TSC - FREE

Get the full Report on LOCK - FREE

Follow us on Twitter: https://twitter.com/zacksresearch

Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com

Visit: https://www.zacks.com/performance

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
VEEVA SYSTEMS-A (VEEV): Free Stock Analysis Report
 
ARISTA NETWORKS (ANET): Free Stock Analysis Report
 
TC PIPELINES (TCP): Free Stock Analysis Report
 
TRISTATE CP HLD (TSC): Free Stock Analysis Report
 
LIFELOCK INC (LOCK): Free Stock Analysis Report
 
To read this article on Zacks.com click here.