CarGurus (CARG) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - CarGurus (CARG) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 3.7%, but projected EPS growth for this year is expected to be 25.1%, significantly higher than the industry average of 15.6% [5] Group 2: Financial Metrics - CarGurus exhibits a year-over-year cash flow growth of 183.6%, far exceeding the industry average of 6.6% [6] - The annualized cash flow growth rate for CarGurus over the past 3-5 years is 39.8%, compared to the industry average of 4.7% [7] Group 3: Earnings Estimates - The current-year earnings estimates for CarGurus have been revised upward, with the Zacks Consensus Estimate increasing by 23.9% over the past month [8] - CarGurus has achieved a Growth Score of A and a Zacks Rank 1 due to positive earnings estimate revisions, indicating strong potential for growth investors [10]