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Here is Why Growth Investors Should Buy New Gold (NGD) Now
NGDNew Gold(NGD) ZACKS·2025-04-25 17:45

Core Viewpoint - Investors are increasingly seeking growth stocks, particularly in the financial sector, to achieve above-average returns, but identifying stocks that can sustain their growth potential is challenging [1] Group 1: Company Overview - New Gold (NGD) is currently highlighted as a recommended growth stock due to its favorable Growth Score and top Zacks Rank [2][10] Group 2: Earnings Growth - The historical EPS growth rate for New Gold is 5.6%, but projected EPS growth for this year is expected to be 93.7%, significantly surpassing the industry average of 31.6% [5] Group 3: Cash Flow Growth - New Gold's year-over-year cash flow growth stands at 41.6%, which is considerably higher than the industry average of 8.4% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 15.6%, closely aligning with the industry average of 15.5% [7] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for New Gold have been revised upward, with the Zacks Consensus Estimate increasing by 68.5% over the past month [8]