Equifax (EFX) is a Top-Ranked Growth Stock: Should You Buy?

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and improve their investment confidence [1] - The Zacks Style Scores are designed to assist investors in selecting stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5][6] - Value Score emphasizes identifying undervalued stocks using financial ratios [3] - Growth Score focuses on a company's financial health and future growth potential [4] - Momentum Score capitalizes on existing trends in stock prices and earnings estimates [5] - VGM Score combines all three styles to provide a comprehensive assessment of stocks [6] Zacks Rank and Its Importance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically outperformed the S&P 500, with an average annual return of +23.93% since 1988 [7] - The model categorizes a large number of stocks, making it essential for investors to use Style Scores to narrow down their choices [8] Stock Analysis: Equifax (EFX) - Equifax Inc. is a global data and analytics company providing information solutions and outsourcing services [11] - EFX holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B, indicating potential for growth [12] - The company is projected to achieve a year-over-year earnings growth of 3.8% for the current fiscal year, supported by upward revisions in earnings estimates [12] - EFX's average earnings surprise stands at +5%, making it a noteworthy option for growth investors [12][13]