Investors, both new and experienced, strive to take full advantage of the stock market and invest with confidence. To make the process easier, Zacks Style Scores provide indicators that rate stocks based on value, growth, and momentum.
One growth stock worth considering is FedEx (FDX). This Memphis-based company, founded in 1971, is a global leader in express delivery services. With a Zacks Rank #3 (Hold), Growth Style Score of B, and VGM Score of A, FedEx is expected to see earnings grow by 15.3% and sales growth of 3% for the current fiscal year.
Analysts have revised their earnings estimates upwards for FedEx, with the company boasting an average earnings surprise of 7.8%. Additionally, FedEx has shown strong cash flow growth, with expectations for further expansion in 2025.
Overall, FedEx stands out for its impressive growth fundamentals, good Zacks Rank, and strong Growth and VGM Style Scores. Investors looking for a promising stock should consider adding FedEx to their watchlist.