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

In this article:

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

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.

KBR Inc. (KBR)

KBR, Inc. is a global engineering, construction and services firm supporting the market segments of global energy and international government services. The company has customers in more than 80 countries and operations in 33 countries.

KBR 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 7% and 7.2% year-over-year, respectively.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.02 to $2.90 per share. KBR boasts an average earnings surprise of 10.8%.

KBR Inc. is also cash rich. The company has generated cash flow growth of 15.9%, and is expected to report cash flow expansion of 7.2% in 2023.

KBR should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

KBR, Inc. (KBR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Advertisement