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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.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why This 1 Growth Stock Should Be On Your Watchlist

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

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Hilton Worldwide Holdings Inc. (HLT)

Founded in 1919 and headquartered in McLean, VA, Hilton Worldwide Holdings is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. As of Mar 31, 2024, Hilton's development pipeline comprised nearly 3,380 hotels, with almost 472,300 rooms across 119 countries and territories — including 30 countries and territories where it currently has no running hotels. Moreover, 267,900 rooms in the development pipeline were located outside the United States and 229,700 rooms were under construction.

HLT boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 14.2% year-over-year for 2024, while Wall Street anticipates its top line to improve by 10.6%.

Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.03 to $7.09 per share. HLT boasts an average earnings surprise of 5%.

Hilton Worldwide Holdings Inc. is also cash rich. The company has generated cash flow growth of 8.6%, and is expected to report cash flow expansion of 17.2% in 2024.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, HLT should be on investors' short lists.

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Hilton Worldwide Holdings Inc. (HLT) : Free Stock Analysis Report

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Zacks Investment Research