Here's Why Idexx Laboratories (IDXX) is a Strong Growth Stock

Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies and confidence [1] - The Zacks Style Scores are designed to help investors select stocks likely to outperform the market in the short term [2] Zacks Style Scores Overview - Stocks are rated A, B, C, D, or F based on value, growth, and momentum characteristics, with higher scores indicating better performance potential [3] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [3] - The Growth Score assesses a company's future earnings and financial health to find sustainable growth opportunities [4] - The Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [5] - The VGM Score combines the three Style Scores to highlight stocks with attractive value, growth, and momentum [6] Integration with Zacks Rank - The Zacks Rank uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [7][8] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with lower ranks but high Style Scores may still face downward price pressure due to negative earnings outlooks [10] Company Spotlight: IDEXX Laboratories - IDEXX Laboratories, Inc. is a developer and distributor of products for veterinary, livestock, and water testing markets, with a Zacks Rank of 3 (Hold) and a VGM Score of B [11] - The company is positioned as a growth opportunity, with a Growth Style Score of B and a projected year-over-year earnings growth of 12.2% for the current fiscal year [12] - Recent upward revisions in earnings estimates and a solid earnings surprise average of 0.8% further enhance IDEXX's attractiveness to investors [12]