Why Autoliv, Inc. (ALV) is a Top Growth Stock for the Long-Term

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [2][3][4] - The Value Score identifies undervalued stocks using financial ratios like P/E and Price/Sales [2] - The Growth Score assesses stocks based on projected earnings and sales growth [2] - The Momentum Score evaluates stocks based on price trends and earnings estimate changes [3] - The VGM Score combines all three styles to highlight stocks with the best overall potential [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection [5] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +25.41% since 1988 [5] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [6] Company Spotlight: Autoliv, Inc. (ALV) - Autoliv, based in Stockholm, specializes in occupant safety products and has a Zacks Rank of 2 (Buy) with a VGM Score of B [7] - The company is projected to achieve year-over-year earnings growth of 19.1% for the current fiscal year [7] - Recent upward revisions in earnings estimates by analysts indicate a positive outlook, with the Zacks Consensus Estimate rising to $9.75 per share [7] - Autoliv's average earnings surprise stands at 14.1%, making it a strong candidate for growth investors [8]