Looking for a Growth Stock? 3 Reasons Why OppFi (OPFI) is a Solid Choice

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying stocks that can fulfill this potential is challenging [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - OppFi Inc. (OPFI) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for investors, with double-digit growth indicating strong prospects [3] - OppFi's historical EPS growth rate is 95.3%, with projected EPS growth of 57.4% this year, significantly surpassing the industry average of 11.9% [4] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, allowing them to expand without relying on external funding [5] - OppFi's year-over-year cash flow growth is 61.8%, well above the industry average of 5.8% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 19.4%, compared to the industry average of 13.1% [6] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] - OppFi's current-year earnings estimates have increased by 10.6% over the past month [7] Group 5: Overall Assessment - OppFi has achieved a Growth Score of A and a Zacks Rank 1 due to positive earnings estimate revisions, indicating it is a potential outperformer for growth investors [9]