Quanta Services (PWR) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Quanta Services (PWR) is identified as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates as a specialty contractor for utility and energy companies, making it a strong growth pick [3] Group 2: Earnings Growth - Quanta Services has a historical EPS growth rate of 23.2%, with projected EPS growth of 14.8% this year, surpassing the industry average of 11% [4] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Quanta Services is 24.6%, significantly higher than the industry average of 12.8% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 21.9%, compared to the industry average of 7.6% [6] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Quanta Services have been revised upward, with the Zacks Consensus Estimate increasing by 1% over the past month [8] Group 5: Investment Positioning - Quanta Services holds a Zacks Rank of 2 and a Growth Score of B, positioning it well for potential outperformance in the market [10]