Here's Why Watts Water (WTS) is a Strong Growth Stock

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum methodologies, helping investors identify stocks likely to outperform the market in the next 30 days [3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [4] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [4] Growth Score - The Growth Style Score assesses a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Style Score evaluates stocks based on price trends and earnings estimate changes, aiding in timing purchases of high-momentum stocks [5] VGM Score - The VGM Score combines the three Style Scores to identify stocks with attractive value, strong growth forecasts, and promising momentum, serving as a useful indicator alongside the Zacks Rank [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock to Watch: Watts Water Technologies, Inc. - Watts Water Technologies, Inc. specializes in water safety and flow control products, generating 75% of its revenue from the Americas, 19.1% from Europe, and 5.9% from APMEA [12] - The company holds a 3 (Hold) Zacks Rank with a VGM Score of B and a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 5.3% for the current fiscal year [13] - Recent upward revisions in earnings estimates and an average earnings surprise of 9.4% further enhance its attractiveness to growth investors [13][14]