3 Reasons Why Growth Investors Shouldn't Overlook New Gold (NGD)

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging [1] Group 1: Company Overview - New Gold (NGD) 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 20%, with projected EPS growth of 150% this year, significantly surpassing the industry average of 65.9% [5] Group 2: Financial Metrics - New Gold's year-over-year cash flow growth is 41.6%, well above the industry average of 8.6% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 15.6%, compared to the industry average of 15.5% [7] Group 3: Earnings Estimates - There have been upward revisions in current-year earnings estimates for New Gold, with the Zacks Consensus Estimate increasing by 1% over the past month [9] - The combination of a Growth Score of A and a Zacks Rank 2 indicates New Gold is a potential outperformer for growth investors [11]