Investors, both new and experienced, often 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 provide guidelines for rating stocks based on popular investing strategies like value, growth, and momentum. These scores can help investors identify which stocks are best suited for their portfolios and which ones have the potential to outperform the market in the long run.
For growth investors, focusing on companies with strong financials and promising futures is key. The Growth Style Score considers factors like projected and historical earnings, sales, and cash flow to identify stocks that are likely to experience sustainable growth over time.
One such company to watch is Veeva Systems (VEEV), a cloud-based software provider for the life sciences industry based in Pleasanton, CA. VEEV has a Zacks Rank of #3 (Hold), a Growth Style Score of A, and a VGM Score of B. Analysts predict a 27.1% increase in earnings and a 14.5% increase in sales year-over-year.
In the last 60 days, two analysts have raised their earnings estimates for VEEV for fiscal 2025, with the Zacks Consensus Estimate now at $6.15 per share, up $0.01. The company has a track record of beating earnings estimates by an average of 6%.
When it comes to cash flow, Veeva Systems is expected to see a 20.9% increase this year, building on a 20.2% growth rate over the past three to five years. With strong fundamentals, a favorable Zacks Rank, and high Growth and VGM Style Scores, VEEV should be considered by investors looking for potential growth opportunities.
For more investment recommendations from Zacks Investment Research, consider downloading their report on the 7 Best Stocks for the Next 30 Days.