Why Edison International (EIX) is a Top Growth Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores serve as a complementary indicator to the Zacks Rank, helping investors identify stocks with high potential for market outperformance [3][4] Zacks Style Scores - The Style Scores categorize stocks based on value, growth, and momentum characteristics, assigning ratings from A to F [4] - Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [4] - Growth Score evaluates a company's financial health and future outlook through earnings and sales projections [5] - Momentum Score assesses stocks based on price trends and earnings estimate changes to identify favorable buying opportunities [6] - VGM Score combines all three Style Scores, providing a comprehensive indicator for investors [7] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to simplify portfolio building [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] - There are over 800 stocks rated 1 or 2, making it essential for investors to use Style Scores to narrow down choices [10] Stock Highlight: Edison International (EIX) - Edison International is rated 3 (Hold) with a VGM Score of A, making it a potential pick for growth investors [12] - The company forecasts a year-over-year earnings growth of 4% for the current fiscal year, supported by a Growth Style Score of B [12] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate to $4.95 per share, with an average earnings surprise of 7.7% [13]