3 Reasons Why Growth Investors Shouldn't Overlook Heico (HEI)

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 - Heico Corporation (HEI) is currently highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank. [2] - The company has a historical EPS growth rate of 13.1%, with projected EPS growth of 19.7% this year, surpassing the industry average of 16.8%. [4] Group 2: Financial Metrics - Heico's year-over-year cash flow growth stands at 24.2%, exceeding the industry average of 19.1%. [5] - The company's annualized cash flow growth rate over the past 3-5 years is 11.5%, compared to the industry average of 5.4%. [6] Group 3: Earnings Estimates - The current-year earnings estimates for Heico have been revised upward, with the Zacks Consensus Estimate increasing by 1.5% over the past month. [8] Group 4: Investment Potential - Heico has achieved a Growth Score of B and a Zacks Rank 2, indicating its potential as an outperformer and a solid choice for growth investors. [10]