Regardless of your age or experience, getting the most out of the stock market and investing with confidence are common goals for all investors.
Those goals are easier to achieve with the Zacks Style Score, a unique set of guidelines that rates stocks based on popular investment methods, namely value, growth and momentum. The Style Score can help you determine which stocks are a better fit for your portfolio and which stocks can outperform the market over the long term.
Why this 1 growth stock should be on your watchlist
For growth investors, a company’s financial strength, overall health, and prospects are a priority, so they’ll want to focus on the Growth Style Score. This score examines things like expected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.
Wesco International (WCC)
WESCO International, Inc. is located in Pittsburgh, PA. The highly fragmented distribution of electrical building products in North America is one of the largest players in the market.
WCC has a Zacks Rank #3 (Hold), has a Growth Style Score of B and an VGM Score of A. Earnings and revenue are expected to grow 61.4% and 16.6% year-over-year, respectively.
Four analysts have revised their earnings estimates upward over the past 60 days, and Zacks’ consensus estimate for 2022 has risen from $0.09 to $16.11 per share.
Vesco International is also rich in cash. The company has delivered cash flow growth of 23.4% and is expected to report cash flow growth of 101.4% in 2022.
Investors should take the time to consider WCC for their portfolios due to its solid Zacks Rank rating, remarkable growth metrics, and impressive growth and VGM style scores.
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WESCO International, Inc. (WCC): Free stock analysis report
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Jax Investment Research