3 Reasons Growth Investors Will Love RF Industries (RFIL)

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging [1] Group 1: Company Overview - RF Industries, Ltd. (RFIL) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 46%, with projected EPS growth of 355.6% this year, significantly outperforming the industry average of -14% [4] Group 2: Financial Metrics - The asset utilization ratio for RF Industries is 0.99, indicating that the company generates $0.99 in sales for every dollar in assets, compared to the industry average of 0.49 [6] - RF Industries is expected to achieve a sales growth of 13.9% this year, while the industry average is projected at -0.9% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for RF Industries, with the Zacks Consensus Estimate for the current year increasing by 18.2% over the past month [8] - The combination of strong earnings estimate revisions and a Growth Score of A positions RF Industries favorably for potential outperformance [10]