Looking for a Growth Stock? 3 Reasons Why Gildan (GIL) is a Solid Choice

Core Viewpoint - Growth investors are attracted to stocks with above-average financial growth, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Gildan Activewear (GIL) is highlighted as a recommended growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 72.7%, with a projected EPS growth of 16.1% this year, significantly outperforming the industry average of 7.7% [4] Group 2: Financial Metrics - Gildan's year-over-year cash flow growth stands at 9.3%, which is notably higher than the industry average of -9.9% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 4.8%, compared to the industry average of 3.6% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Gildan have been revised upward, with the Zacks Consensus Estimate increasing by 3% over the past month [7] - Gildan has achieved a Zacks Rank of 2 (Buy) and a Growth Score of B, positioning it well for potential outperformance [9]