Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

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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

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.

Air Transport Services (ATSG)

Air Transport Services Group is a leading provider of aircraft leasing, and air cargo transportation and related services,globally. Moreover, this Wilmington, OH-based company is the largest lessor of freighter aircraft across the globe and operates through many subsidiaries.

ATSG sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 23.5% and 13.4% year-over-year, respectively.

Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $2.05 per share for 2022. ATSG boasts an average earnings surprise of 29.8%.

Air Transport Services is also cash rich. The company has generated cash flow growth of 21.6%, and is expected to report cash flow expansion of 9% in 2022.

Investors should take the time to consider ATSG for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.


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