Valmont Industries (VMI) is a Top-Ranked Growth Stock: Should You Buy?
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.
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.
Valmont Industries (VMI)
Headquartered in Omaha, NE, Valmont Industries, Inc. is primarily engaged in the production of fabricated metal products, metal and concrete pole and tower structures and mechanized irrigation systems in the United States and abroad.
VMI is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 26.7% year-over-year for the current fiscal year, with sales growth of 22%.
One analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $13.84 per share for 2022. VMI boasts an average earnings surprise of 12.5%.
Valmont Industries is also cash rich. The company has generated cash flow growth of 7.5%, and is expected to report cash flow expansion of 26.8% in 2022.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, VMI should be on investors' short lists.
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Valmont Industries, Inc. (VMI) : Free Stock Analysis Report
