Investors, whether new or seasoned, aim to make the most of the stock market and invest with confidence. One way to achieve these goals is by using the Zacks Style Scores, which rate stocks based on popular investing strategies like value, growth, and momentum. These scores can help investors identify which stocks are best for their portfolios and have the potential to outperform the market in the long run.
For growth investors, focusing on a company’s financial strength, overall health, and future outlook is crucial. This is where the Growth Style Score comes into play, analyzing factors like projected and historical earnings, sales, and cash flow to identify stocks with sustainable growth potential.
One growth stock worth keeping an eye on is Netflix (NFLX). Known as a pioneer in the streaming industry, Netflix has grown from a DVD-rental provider to a dominant streaming service with a wide range of content and a strong international presence. With 269.6 million paid subscribers globally, Netflix holds a Growth Style Score of A and a VGM Score of B, along with a Zacks Rank #3 (Hold) rating.
Analysts project Netflix’s bottom line to increase by 52.2% year-over-year in 2024, while its top line is expected to grow by 14.9%. With positive earnings estimates and strong cash flow growth, Netflix has solid fundamentals and high Style Scores, making it a promising option for investors.
For more investment recommendations, consider downloading the 7 Best Stocks for the Next 30 Days from Zacks Investment Research.