Looking for a Growth Stock? 3 Reasons Why Ollie's Bargain Outlet (OLLI) is a Solid Choice

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Ollie's Bargain Outlet (OLLI) is highlighted as a strong growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 1.6%, but projected EPS growth for this year is expected to be 12.8%, surpassing the industry average of 11.6% [4] Group 2: Financial Metrics - Ollie's Bargain Outlet exhibits a year-over-year cash flow growth of 64.8%, significantly higher than the industry average of -6.1% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 9.8%, compared to the industry average of 7.8% [6] Group 3: Earnings Estimates - Current-year earnings estimates for Ollie's Bargain Outlet have been revised upward, with the Zacks Consensus Estimate increasing by 0.1% over the past month [8] - The combination of a Growth Score of A and a Zacks Rank 2 positions Ollie's Bargain Outlet favorably for potential outperformance [9]