Why NCR (NCR) is a Top Growth Stock for the Long-Term
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.
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
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.
NCR (NCR)
NCR Corporation offers payments processing, multi-vendor connected-device services, automated teller machines (ATMs), point of sale (POS) terminals and self-service technologies.
NCR 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 19.9% and 0.9% year-over-year, respectively.
Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.13 to $3.14 per share. NCR boasts an average earnings surprise of 11.4%.
NCR is also cash rich. The company has generated cash flow growth of 2.4%, and is expected to report cash flow expansion of 12% in 2023.
NCR 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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NCR Corporation (NCR) : Free Stock Analysis Report
