Why WEC Energy Group (WEC) is a Top Growth Stock for the Long-Term

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market within a 30-day timeframe, using a grading system from A to F based on value, growth, and momentum characteristics [2] Zacks Style Scores Breakdown - Value Score: Focuses on identifying undervalued stocks by analyzing ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow to highlight attractive investment opportunities [3] - Growth Score: Evaluates a company's financial health and future outlook by examining projected and historical earnings, sales, and cash flow to find stocks with sustainable growth potential [4] - Momentum Score: Targets stocks with upward or downward price trends, utilizing metrics like one-week price changes and monthly earnings estimate changes to identify optimal buying opportunities [5] - VGM Score: Combines Value, Growth, and Momentum Scores to provide a comprehensive indicator for investors seeking to balance multiple investment strategies [6] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [7][8] - To maximize returns, investors are encouraged to select stocks with a Zacks Rank of 1 or 2 that also possess Style Scores of A or B, ensuring a higher probability of success [9] - Stocks rated 4 (Sell) or 5 (Strong Sell) should be avoided, even if they have high Style Scores, due to their declining earnings forecasts [10] Company Spotlight: WEC Energy Group - WEC Energy Group is a diversified holding company involved in electricity generation and distribution across Wisconsin and Michigan, currently holding a Zacks Rank of 2 (Buy) with a VGM Score of B [11] - The company is particularly appealing to growth investors, with a Growth Style Score of B and a projected year-over-year earnings growth of 8.5% for the current fiscal year, alongside a recent upward revision in earnings estimates [12]