Here's Why Palomar (PLMR) is a Strong Growth Stock

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum, helping investors identify securities with high potential for market outperformance [2][3] Zacks Style Scores - Each stock is rated from A to F based on value, growth, and momentum characteristics, with A being the highest score indicating better chances of outperforming the market [3] - The Value Score identifies attractive stocks using ratios like P/E, PEG, and Price/Sales, focusing on finding undervalued stocks [4] - The Growth Score assesses a company's future prospects through projected earnings and sales, targeting stocks with sustainable growth [5] - The Momentum Score helps investors capitalize on price trends, analyzing short-term price changes and earnings estimate shifts [6] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive indicator for investors seeking a balanced approach [6] Zacks Rank Integration - The Zacks Rank utilizes earnings estimate revisions to guide investors, with 1 (Strong Buy) stocks historically yielding an average annual return of +23.62% since 1988, outperforming the S&P 500 [7][8] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [9][10] Company Spotlight: Palomar Holdings, Inc. - Palomar Holdings, Inc. is rated 2 (Buy) on the Zacks Rank and has a VGM Score of B, indicating strong investment potential [11] - The company is projected to achieve year-over-year earnings growth of 39.3% for the current fiscal year, supported by upward revisions in earnings estimates [12] - Palomar has an average earnings surprise of +16.4%, making it a strong candidate for growth investors [12]