Workflow
Here's Why LPL Financial Holdings Inc. (LPLA) is a Strong Growth Stock
LPL FinancialLPL Financial(US:LPLA) ZACKSยท2024-11-04 15:45

Group 1 - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum, helping investors identify securities with high potential to outperform the market in the short term [2][3][4] - Each stock is rated from A to F, with A indicating the highest potential for outperformance, and the Style Scores are categorized into Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5] - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] Group 2 - LPL Financial Holdings Inc. is identified as a stock to watch, currently holding a 3 (Hold) rating on the Zacks Rank, with a VGM Score of A, indicating strong potential [11] - The company is projected to experience year-over-year earnings growth of 1.3% for the current fiscal year, with upward revisions in earnings estimates from analysts [12] - The Zacks Consensus Estimate for LPLA has increased by $0.07 to $15.92 per share, and the company has an average earnings surprise of 9%, making it a strong candidate for growth investors [12]