Yahoo Finance Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Cisco Systems (CSCO)
Headquartered in San Jose, CA and founded in December 1984, Cisco Systems Inc. is an IP-based networking company offering products and services to service providers, companies, commercial users and individuals.
CSCO is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 5.7% year-over-year for the current fiscal year, with sales growth of 5.5%.
Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.02 to $3.55 per share. CSCO also boasts an average earnings surprise of 2.1%.
On a historic basis, Cisco Systems has generated cash flow growth of 2%, and is expected to report cash flow expansion of 3% this year.
Investors should take the time to consider CSCO for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report
