Why RPM International (RPM) is a Top Growth Stock for the Long-Term

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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

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.

RPM International (RPM)

RPM International Inc., through its subsidiaries, manufacture and market high-performance coatings, sealants and specialty chemicals, primarily for maintenance and improvement applications.

RPM is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 16.5% year-over-year for the current fiscal year, with sales growth of 3.2%.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.01 to $5.01 per share. RPM also boasts an average earnings surprise of 8.3%.

RPM International is also cash rich. The company has generated cash flow growth of 7.3%, and is expected to report cash flow expansion of 18.7% in 2024.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, RPM should be on investors' short lists.

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