Here's Why Southern Copper (SCCO) 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 [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within a 30-day timeframe [2] - Stocks are rated from A to F based on value, growth, and momentum characteristics, with A being the highest score [2] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score assesses a company's future growth potential by analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score is based on price trends and earnings outlook changes, helping investors identify optimal times to invest in high-momentum stocks [5] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive evaluation of stocks based on their weighted styles [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to assist investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Selection Strategy - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B to maximize potential success [9] - The direction of earnings estimate revisions is crucial; stocks with lower ranks but high Style Scores may still face downward price pressure [10] Company Spotlight: Southern Copper Corporation - Southern Copper Corporation (SCCO) is engaged in mining, exploring, smelting, and refining copper and other minerals across several countries [11] - SCCO holds a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating moderate potential [11] - The company is projected to experience a 6% year-over-year earnings growth for the current fiscal year, with positive earnings estimate revisions [12] - SCCO has an average earnings surprise of 3.7%, making it a noteworthy option for growth investors [12]