Here's Why Logitech (LOGI) is a Strong Growth Stock

Core Insights - Zacks Premium provides tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Growth Score - The Growth Score focuses on a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow to find stocks with sustainable growth [3] Momentum Score - The Momentum Score helps investors capitalize on price trends by evaluating one-week price changes and monthly earnings estimate changes, indicating favorable buying times for high-momentum stocks [4] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator that highlights stocks with the best value, growth forecasts, and momentum [5] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, aiding investors in building successful portfolios [6] - Stocks rated 1 (Strong Buy) have achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7] Investment Strategy - To maximize returns, investors should target stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while stocks with a 3 rank should also have high Style Scores for potential upside [8] Stock Analysis: Logitech (LOGI) - Logitech International S.A. is a leading global provider of peripherals for personal computers and digital platforms, with a Zacks Rank of 3 (Hold) and a VGM Score of A [10] - Logitech is positioned as a growth pick, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 4.2% for the current fiscal year [11] - Recent upward revisions in earnings estimates by five analysts have increased the Zacks Consensus Estimate to $4.43 per share, with an average earnings surprise of 46.5% [11]