Here's Why Methanex (MEOH) is a Strong Growth Stock

Company Overview - Methanex is the world's largest supplier of methanol, serving North America, Asia-Pacific, Europe, and Latin America [11] - Approximately two-thirds of methanol demand is for traditional chemical derivatives, while one-third is for energy-related applications [11] Investment Ratings - Methanex holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for growth [12] - The company is particularly appealing for growth investors, with a Growth Style Score of A and a forecasted year-over-year earnings growth of 16.1% for the current fiscal year [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates upwards, increasing the Zacks Consensus Estimate by $0.49 to$4.32 per share [12] - Methanex has an average earnings surprise of 85.2%, suggesting strong performance relative to expectations [12] Conclusion - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Methanex is recommended for investors' consideration [13]