Here is Why Growth Investors Should Buy Bank of Montreal (BMO) Now

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Bank of Montreal (BMO) is highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] - The historical EPS growth rate for Bank of Montreal is 3.5%, but projected EPS growth for this year is expected to be 22.7%, significantly higher than the industry average of 3% [4] Group 2: Key Metrics - The asset utilization ratio for Bank of Montreal is 0.06, indicating that the company generates $0.06 in sales for every dollar in assets, outperforming the industry average of 0.05 [6] - Sales growth for Bank of Montreal is projected at 4.1% this year, compared to an industry average of 0% [6] Group 3: Earnings Estimates - Current-year earnings estimates for Bank of Montreal have been revised upward, with the Zacks Consensus Estimate increasing by 12.4% over the past month [8] - The combination of a Growth Score of B and a Zacks Rank 2 positions Bank of Montreal favorably for potential outperformance, making it an attractive option for growth investors [10]