Here's Why Ansys (ANSS) is a Strong Growth Stock

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, serving as complementary indicators to the Zacks Rank [3][8] - Each stock is rated from A to F, with A indicating the highest potential for outperforming the market [4] Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing financial ratios such as P/E, PEG, and Price/Sales [4] Growth Score - The Growth Style Score assesses a company's financial health and future outlook, considering projected and historical earnings, sales, and cash flow [5] Momentum Score - The Momentum Style Score evaluates stocks based on price trends and earnings outlook, using metrics like one-week price change and monthly earnings estimate changes [6] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive rating that highlights stocks with attractive value, strong growth forecasts, and promising momentum [7] Zacks Rank - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to assist investors in building successful portfolios [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] Stock Example: Ansys (ANSS) - Ansys Inc, based in Canonsburg, PA, develops engineering simulation software and is currently rated 3 (Hold) with a VGM Score of B [12] - The company is considered a potential growth investment, with a Growth Style Score of B and a forecasted year-over-year earnings growth of 6.1% for the current fiscal year [13] - Recent upward revisions in earnings estimates and an average earnings surprise of 17.7% further support Ansys as a strong candidate for investors [13]