Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying stocks that can fulfill their potential is challenging [1] Group 1: Company Overview - Cirrus Logic (CRUS) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 16.1%, with projected EPS growth of 1.1% this year, outperforming the industry average of 0.5% [5] Group 2: Financial Metrics - The asset utilization ratio for Cirrus Logic is 0.84, indicating the company generates $0.84 in sales for every dollar in assets, compared to the industry average of 0.53 [6] - Cirrus Logic's sales are expected to grow by 2.8% this year, significantly higher than the industry average of 0.3% [7] Group 3: Earnings Estimates - The current-year earnings estimates for Cirrus Logic have been revised upward, with the Zacks Consensus Estimate increasing by 2.3% over the past month [9] - The combination of a Growth Score of A and a Zacks Rank of 2 positions Cirrus Logic well for potential outperformance [10]
Here is Why Growth Investors Should Buy Cirrus Logic (CRUS) Now