Yahoo Finance Why Pure Storage (PSTG) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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.
Pure Storage (PSTG)
Founded in 2009 and headquartered in Mountain View, CA, Pure Storage Inc. (PSTG) provides software-defined all-flash solutions that are uniquely fast and cloud-capable for customers.
PSTG sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 14.8% and 10.6% year-over-year, respectively.
Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.04 to $1.63 per share. PSTG also boasts an average earnings surprise of 25%.
Pure Storage is also cash rich. The company has generated cash flow growth of 41.8%, and is expected to report cash flow expansion of 28.5% in 2025.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, PSTG should be on investors' short lists.
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Pure Storage, Inc. (PSTG) : Free Stock Analysis Report
