Heico (HEI) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Heico Corporation (HEI) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 19%, with projected EPS growth of 25.8% this year, surpassing the industry average of 19.4% [4] Group 2: Financial Metrics - Heico's year-over-year cash flow growth is 24.2%, exceeding the industry average of 20.3% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 11.5%, compared to the industry average of 6.1% [6] Group 3: Earnings Estimates - Current-year earnings estimates for Heico have been revised upward, with the Zacks Consensus Estimate increasing by 1% over the past month [8] - The combination of earnings estimate revisions and a Growth Score of B positions Heico well for potential outperformance [10]