Here is Why Growth Investors Should Buy Ollie's Bargain Outlet (OLLI) Now

Core Viewpoint - Investors are seeking growth stocks that demonstrate above-average growth potential, with Ollie's Bargain Outlet identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Group 1: Earnings Growth - Ollie's Bargain Outlet has a historical EPS growth rate of 5.5%, but projected EPS growth for this year is expected to be 15.2%, significantly higher than the industry average of 2.7% [4]. - Double-digit earnings growth is preferred by growth investors as it indicates strong future prospects and potential stock price gains [3]. Group 2: Cash Flow Growth - The company currently exhibits a year-over-year cash flow growth of 14.3%, which surpasses the industry average of 0.5% [5]. - Over the past 3-5 years, Ollie's Bargain Outlet has maintained an annualized cash flow growth rate of 10.9%, compared to the industry average of 4.6% [6]. Group 3: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Ollie's Bargain Outlet, with the current-year earnings estimates increasing by 1.8% over the past month [7]. - A positive trend in earnings estimate revisions is correlated with near-term stock price movements, making it a significant factor for investors [7]. Group 4: Overall Assessment - Ollie's Bargain Outlet has achieved a Growth Score of B and a Zacks Rank of 2, indicating it is a solid choice for growth investors and a potential outperformer [9].