3 Reasons Why Growth Investors Shouldn’t Overlook Amazon (AMZN)
From Nasdaq: 2024-11-21 12:45:06
Investors search for growth stocks for high financial growth and exceptional returns, but it’s challenging to find the right one due to volatility and risk. Zacks Growth Style Score helps identify top growth stocks like Amazon, with projected EPS growth of 78.2% and cash flow growth of 59.4%, outperforming the industry average.
Amazon stands out with positive earnings estimate revisions and a Zacks Rank #2. The company’s Growth Score of A, along with strong earnings growth and cash flow growth, positions it well for outperformance. Investors may benefit from betting on Amazon as a promising growth stock.
Zacks Research Chief highlights a top pick with explosive upside potential, targeting millennial and Gen Z audiences, generating significant revenue. The recent pullback presents an ideal entry point. This stock has the potential to outperform previous picks like Nano-X Imaging, which saw a +129.6% increase in under 9 months.
For more information on top growth stocks and expert recommendations, investors can access the latest insights from Zacks Investment Research. Download the report on 5 Stocks Set to Double for valuable information on potential investments in the market. Don’t miss out on the opportunity to capitalize on growth opportunities like Amazon.
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