Here is Why Growth Investors Should Buy Texas Pacific (TPL) Now

Core Viewpoint - The article highlights Texas Pacific (TPL) as a recommended growth stock due to its strong growth metrics and favorable Zacks Rank, suggesting it is well-positioned for outperformance in the market [2][10]. Earnings Growth - Texas Pacific has a historical EPS growth rate of 15.8%, with projected EPS growth of 20.5% for the current year, surpassing the industry average of 15.4% [5]. Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets ratio) of 0.59, indicating it generates $0.59 in sales for every dollar in assets, which is higher than the industry average of 0.4 [7]. Sales Growth - Texas Pacific's sales are expected to grow by 14.7% this year, significantly outpacing the industry average growth rate of 0% [7]. Earnings Estimate Revisions - The current-year earnings estimates for Texas Pacific have been revised upward, with the Zacks Consensus Estimate increasing by 4.8% over the past month [9]. Overall Positioning - Texas Pacific has earned a Growth Score of B and holds a Zacks Rank of 2, indicating positive earnings estimate revisions and strong growth potential [10][12].