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Here's Why Rogers Communication (RCI) is a Strong Growth Stock
RCIRogers Communications(RCI) ZACKS·2024-12-03 15:56

Zacks Premium Services - Zacks Premium offers daily updates of Zacks Rank and Zacks Industry Rank, full access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to help investors make informed decisions [1] - The service includes access to Zacks Style Scores, which complement the Zacks Rank to identify stocks with high potential to outperform the market [2][3] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, assigning grades from A to F, with A being the best [4] - The scores are divided into four categories: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three styles [5][6][7][8] Zacks Rank and Style Scores Integration - Zacks Rank uses earnings estimate revisions to rate stocks, with 1 (Strong Buy) stocks delivering an average annual return of +25.41% since 1988 [9][10] - Combining Zacks Rank 1 or 2 with Style Scores of A or B increases the probability of success, while 3 (Hold) stocks should also have A or B scores for upside potential [12][14] Rogers Communications Inc (RCI) - Rogers Communications Inc provides cable television, high-speed Internet, wireless services, and media operations through its subsidiaries [15] - RCI holds a Zacks Rank of 3 (Hold) with a VGM Score of A and a Growth Style Score of B, forecasting 5.6% year-over-year earnings growth for the current fiscal year [16][17] - Three analysts revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing to $3.56 per share and an average earnings surprise of 3.9% [16]