Group 1 - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores categorize stocks into Value, Growth, Momentum, and VGM Scores, providing a comprehensive framework for evaluating investment opportunities [2][4] - The Value Score focuses on identifying undervalued stocks using financial ratios, while the Growth Score emphasizes a company's financial health and future growth potential [2][3] Group 2 - The Momentum Score helps investors capitalize on price trends, utilizing short-term price changes and earnings estimate shifts [3] - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify stocks with high return potential, with 1 (Strong Buy) stocks historically achieving an average annual return of +25.41% since 1988 [5] - To maximize investment success, it is recommended to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [6][7] Group 3 - Philip Morris International is undergoing a business transformation towards reduced risk products, notably the IQOS heating tobacco device, amidst increasing health consciousness and regulatory pressures [8] - Philip Morris holds a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating strong growth potential with a forecasted year-over-year earnings growth of 7% for the current fiscal year [8] - Recent analyst revisions have increased the earnings estimate for fiscal 2024 by $0.09 to $6.43 per share, with an average earnings surprise of 1.8% [8][9]
Why Philip Morris (PM) is a Top Growth Stock for the Long-Term