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MARKETS LIVE BLOG:

NASDAQ LEADS GAINS AS STOCKS END HIGHER

Amazon stock crosses US$2 trillion market cap

Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

Zacks Equity Research
·2 min read

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

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.

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MKS Instruments (MKSI)

MKS Instruments, Inc. is a global provider of instruments, subsystems and process control solutions that measure, monitor, deliver, analyze, power and control critical parameters of advanced manufacturing processes.

MKSI boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 6.6% year-over-year for 2024, while Wall Street anticipates its top line to improve by 3.6%.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.18 to $4.72 per share. MKSI also boasts an average earnings surprise of 37.7%.

On a historic basis, MKS Instruments has generated cash flow growth of 38.6%, and is expected to report cash flow expansion of 185.5% this year.

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

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MKS Instruments, Inc. (MKSI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research