Exelixis (EXEL) 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 the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Exelixis (EXEL) is highlighted as a promising growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 28.3%, with projected EPS growth of 31.8% this year, surpassing the industry average of 19.8% [5] - Exelixis has achieved a year-over-year cash flow growth of 135.6%, significantly higher than the industry average of -4.5% [6] Group 2: Financial Metrics - Earnings growth is crucial for attracting investor attention, with double-digit growth being particularly favorable [4] - The annualized cash flow growth rate for Exelixis over the past 3-5 years is 10.8%, compared to the industry average of 3.7% [7] - There has been a positive trend in earnings estimate revisions for Exelixis, with a 1.3% increase in the current-year earnings estimates over the past month [9] Group 3: Investment Positioning - Exelixis has earned a Growth Score of A and a Zacks Rank 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [11]