Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates involves navigating inherent risks and volatility [1] Group 1: Company Overview - Central Garden (CENTA) is currently highlighted as a recommended growth stock, benefiting from a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 5.1%, with projected EPS growth of 9.1% this year, surpassing the industry average of 8.6% [4] Group 2: Financial Metrics - Central Garden's year-over-year cash flow growth stands at 8.7%, significantly higher than the industry average of 1.8% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 11.4%, compared to the industry average of 3.6% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Central Garden have increased by 7.1% over the past month, indicating a positive trend in earnings estimate revisions [8] - The combination of a Growth Score of B and a Zacks Rank 1 suggests that Central Garden is positioned as a potential outperformer for growth investors [10]
3 Reasons Why Growth Investors Shouldn't Overlook Central Garden (CENTA)