Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
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
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.
AAR (AIR)
Wood Dale, IL-based AAR Corp., incorporated in the year 1951, provides various products and services to the aviation and defense industries worldwide. Its principal customers include The Boeing Company and Airbus. As of May 31, 2023, the company reported through two business segments – Aviation Services and Expeditionary Services. From the first quarter of fiscal 2024, the Aviation Services segment will report through three new operating segments — Parts Supply, Repair & Engineering and Integrated Solutions.
AIR is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 21% year-over-year for the current fiscal year, with sales growth of 10.9%.
One analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.06 to $3.46 per share for 2024. AIR boasts an average earnings surprise of 5.8%.
On a historic basis, AAR has generated cash flow growth of 4.7%, and is expected to report cash flow expansion of 8.6% this year.
AIR should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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AAR Corp. (AIR) : Free Stock Analysis Report
