Yahoo Finance Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
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.
NCR (NCR)
NCR Corporation offers payments processing, multi-vendor connected-device services, automated teller machines (ATMs), point of sale (POS) terminals and self-service technologies.
NCR sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 15.3% and 0.8% year-over-year, respectively.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.01 to $3.02 per share. NCR boasts an average earnings surprise of 11.4%.
On a historic basis, NCR has generated cash flow growth of 2.4%, and is expected to report cash flow expansion of 12% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, NCR should be on investors' short lists.
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NCR Corporation (NCR) : Free Stock Analysis Report
