Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick
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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.
Plexus (PLXS)
Founded in 1979, Neenah, WI. -based Plexus Corp. is a leading provider of electronic contract manufacturing services to original equipment manufacturers (OEMs) in a wide range of industries, including Healthcare/Life Sciences, Industrial and Aerospace/Defense market sectors.
PLXS boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #1 (Strong Buy) rating. Its bottom-line is projected to rise 18.7% year-over-year for 2025, while Wall Street anticipates its top line to improve by 6%.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.59 to $6.79 per share. PLXS also boasts an average earnings surprise of 10.3%.
Looking at cash flow, Plexus is expected to report cash flow growth of 13.5% this year; PLXS has generated cash flow growth of 7.8% over the past three to five years.
PLXS 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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Plexus Corp. (PLXS) : Free Stock Analysis Report