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.
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
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Epam (EPAM)
Headquartered at Newtown, PA, EPAM Systems, Inc. is well known for its software engineering and IT consulting services.
EPAM is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 17.6% year-over-year for the current fiscal year, with sales growth of 28.3%.
11 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.67 to $10.64 per share for 2022. EPAM boasts an average earnings surprise of 26.6%.
Epam is also cash rich. The company has generated cash flow growth of 32.1%, and is expected to report cash flow expansion of 46.3% in 2022.
Investors should take the time to consider EPAM for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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EPAM Systems, Inc. (EPAM) : Free Stock Analysis Report
