It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Murphy Oil (MUR)
El Dorado, AR-based Murphy Oil Corporation was founded in 1950. The company is a global oil and gas exploration and production company. The company explores and produces crude oil, natural gas and natural gas liquids (NGL) worldwide. Previously, it had refining and marketing operations in both the U.S. and the UK. The company is currently transforming itself into an organization primarily engaged in oil and gas exploration and production (E&P) activities from an integrated oil company.
MUR boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 374.4% year-over-year for 2022, while Wall Street anticipates its top line to improve by 55.5%.
Six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.90 to $6.12 per share for 2022. MUR boasts an average earnings surprise of 27.1%.
On a historic basis, Murphy Oil has generated cash flow growth of 3.1%, and is expected to report cash flow expansion of 23.4% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, MUR should be on investors' short lists.
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Murphy Oil Corporation (MUR) : Free Stock Analysis Report
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