Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
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
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.
Murphy USA (MUSA)
Murphy USA Inc. is a leading independent retailer of motor fuel and convenience merchandise in the United States. The El Dorado, AR-based company, in its current form, came into existence following the 2013 spin-off of Murphy Oil Corporation’s downstream business into a separate, independent and publicly-traded entity.
MUSA is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of B and VGM Score of A. Earnings are expected to grow 69.6% year-over-year for the current fiscal year, with sales growth of 35.4%.
Four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $3.91 to $25.30 per share for 2022. MUSA boasts an average earnings surprise of 49%.
Looking at cash flow, Murphy USA is expected to report cash flow growth of 11.4% this year; MUSA has generated cash flow growth of 18% over the past three to five years.
MUSA 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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Murphy USA Inc. (MUSA) : Free Stock Analysis Report
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