Investors are always on the lookout for growth stocks that have the potential to deliver above-average returns. However, finding the right growth stock can be a challenge due to the inherent risks and volatility associated with them. One way to identify promising growth stocks is by using the Zacks Growth Style Score, which goes beyond the traditional growth attributes to evaluate a company’s true growth prospects.
Comfort Systems is one such company that stands out as a great growth pick based on its favorable Growth Score and top Zacks Rank. Studies have shown that stocks with strong growth features tend to outperform the market, especially those with a Growth Score of A or B and a Zacks Rank of #1 or #2.
There are three key factors that make Comfort Systems an attractive growth stock right now. Firstly, the company has shown impressive earnings growth with a projected EPS growth of 36.2% this year, well above the industry average. Secondly, Comfort Systems has seen a significant cash flow growth of 45.1%, indicating strong financial health compared to its peers. Lastly, the company’s earnings estimate revisions have been positive, further supporting its growth potential.
Overall, Comfort Systems has earned a Zacks Rank of #1 and a Growth Score of A, making it a promising investment for growth-oriented investors. With its strong performance across key growth metrics, Comfort Systems is well-positioned for outperformance in the market.