Here's Why Barrick Mining (B) is a Strong Growth Stock

Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - The service includes Zacks Style Scores, which are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Group 2: Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, with ratings ranging from A to F, where A indicates the highest potential for outperformance [3] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Cash Flow [4] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings, sales, and cash flow [5] - The Momentum Score assesses trends in stock prices and earnings estimates to identify favorable investment opportunities [6] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors seeking attractive value, growth, and momentum [6] Group 3: Zacks Rank and Stock Selection - The Zacks Rank is a proprietary model that utilizes 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] - 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 in stock selection, as stocks with lower ranks may still have favorable Style Scores but are likely to decline in value [10] Group 4: Company Spotlight - Barrick Mining - Barrick Mining Corporation, based in Toronto, is one of the largest gold mining companies globally, with a diverse portfolio of gold and copper assets across 18 countries [11] - The company holds a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [11] - Barrick Mining is projected to experience year-over-year earnings growth of 48.4% for the current fiscal year, supported by upward revisions from analysts [12] - The Zacks Consensus Estimate for Barrick Mining's earnings has increased by $0.21 to $1.87 per share, with an average earnings surprise of 12.5% [12]