Here's Why Molina (MOH) is a Strong Growth Stock
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.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Molina (MOH)
Founded in 1980 and headquartered in Long Beach, CA, Molina Healthcare Inc. is a multi-state managed care organization participating exclusively in government-sponsored healthcare programs such as the Medicaid program and the State Children's Health Insurance Program (SCHIP), catering to low-income persons. It is a FORTUNE 500 company.
MOH is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of A. Earnings are expected to grow 16% year-over-year for the current fiscal year, with sales growth of 3.4%.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.24 to $20.79 per share. MOH boasts an average earnings surprise of 7.2%.
On a historic basis, Molina has generated cash flow growth of 38.4%, and is expected to report cash flow expansion of 32.5% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, MOH should be on investors' short lists.
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Molina Healthcare, Inc (MOH) : Free Stock Analysis Report
