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Investors predict MPC will maintain interest at 5.25% when it meets on Thursday.

Here's Why TotalEnergies SE Sponsored ADR (TTE) is a Strong Growth Stock

Zacks Equity Research
·2-min read

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat 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 future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

ADVERTISEMENT

TotalEnergies SE Sponsored ADR (TTE)

France-based TotalEnergies SE is among the top five publicly traded global integrated oil and gas companies based on production volumes, proved reserves and market capitalization. The company has operations in more than 130 countries across five continents. The company was founded in 1924. The company has changed its name from TOTAL SE to TotalEnergies SE, which better reflects its transition toward a broad energy company. The new trading symbol of the company is TTE.

TTE is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 115.1% year-over-year for the current fiscal year, with sales growth of 21.3%.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.54 to $14.37 per share. TTE also boasts an average earnings surprise of 14.6%.

TotalEnergies SE Sponsored ADR is also cash rich. The company has generated cash flow growth of 7.4%, and is expected to report cash flow expansion of 20.4% in 2022.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, TTE should be on investors' short lists.


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TotalEnergies SE Sponsored ADR (TTE) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research