Here is Why Growth Investors Should Buy Essex Property Trust (ESS) Now

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates involves significant risk and volatility [1] Group 1: Company Overview - Essex Property Trust (ESS) is highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 5.6%, with a projected EPS growth of 2.2% this year, surpassing the industry average of 1.9% [5] Group 2: Financial Metrics - Cash flow growth for Essex Property Trust stands at 38.3% year-over-year, significantly higher than the industry average of 4% [6] - The historical annualized cash flow growth rate for the company is 8.1% over the past 3-5 years, compared to the industry average of 5.9% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Essex Property Trust, with the Zacks Consensus Estimate for the current year increasing by 0.1% over the past month [9] - The combination of earnings estimate revisions and a Growth Score of B positions Essex Property Trust favorably for potential outperformance [11]