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Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

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.

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

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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Amcor (AMCR)

Amcor is a global leader in developing and producing responsible packaging for food, beverage, pharmaceutical, medical, home and personal care, and other products. Through its broad range of packaging products, which include flexible and rigid packaging, specialty cartons and closures, the company helps leading companies in protecting their products and differentiating their brands.

AMCR is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 9.5% year-over-year for the current fiscal year, with sales growth of 12.2%.

Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.01 to $0.81 per share. AMCR boasts an average earnings surprise of 2.4%.

On a historic basis, Amcor has generated cash flow growth of 33%, and is expected to report cash flow expansion of 3.2% this year.

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


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Zacks Investment Research