Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong growth stocks can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - RF Industries, Ltd. (RFIL) is highlighted as a recommended growth stock based on the Zacks Growth Style Score, which evaluates a company's growth prospects beyond traditional metrics [2] - The company has a favorable Growth Score and a top Zacks Rank, indicating strong potential for growth investors [2][9] Group 2: Earnings Growth - Historical EPS growth for RF Industries is 46%, but projected EPS growth for this year is expected to be 333.3%, significantly outperforming the industry average of -14% [4] Group 3: Asset Utilization - RF Industries has an asset utilization ratio (sales-to-total-assets ratio) of 0.88, indicating that the company generates $0.88 in sales for every dollar in assets, compared to the industry average of 0.49 [6] - The company is also projected to achieve sales growth of 11.7% this year, while the industry average is -0.9% [6] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for RF Industries, with the Zacks Consensus Estimate for the current year increasing by 175% over the past month [7] Group 5: Investment Potential - RF Industries has earned a Growth Score of A and a Zacks Rank 2 due to positive earnings estimate revisions, suggesting it is a solid choice for growth investors [9]
Here is Why Growth Investors Should Buy RF Industries (RFIL) Now