CareTrust REIT (CTRE) is a recommended growth stock with strong cash flow and earnings growth
Investors are on the lookout for growth stocks, but finding the right one can be challenging due to the high risk and volatility involved. CareTrust REIT (CTRE) is a recommended growth stock with a favorable Growth Score and top Zacks Rank, projecting a 20.9% EPS growth rate this year.
Cash flow growth for CareTrust REIT is at 67.6%, surpassing the industry average of 2.7%. Historical cash flow growth has also been strong at 12.5% over the past 3-5 years. Earnings estimate revisions have been positive, with a 0.5% surge in the Zacks Consensus Estimate for the current year.
These factors have earned CareTrust REIT a Zacks Rank #2 and Growth Score of B, indicating strong growth potential. Investors seeking growth stocks should consider this healthcare real estate investment trust for its promising earnings and cash flow growth, along with positive earnings estimate revisions.
Read more at Nasdaq: CareTrust REIT (CTRE) is an Incredible Growth Stock: 3 Reasons Why