Cavco (CVCO) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to associated risks and volatility [1] Group 1: Company Overview - Cavco (CVCO) 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% and is projected to achieve an EPS growth of 20.7% this year, significantly outperforming the industry average of -0.8% [5] Group 2: Financial Metrics - Cavco's year-over-year cash flow growth stands at 12.2%, surpassing the industry average of 0% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 19.6%, compared to the industry average of 8.7% [7] Group 3: Earnings Estimates - The Zacks Consensus Estimate for Cavco's current-year earnings has increased by 3.8% over the past month, indicating a positive trend in earnings estimate revisions [8] - Cavco has earned a Growth Score of B and holds a Zacks Rank 2 due to these positive earnings estimate revisions, positioning it well for potential outperformance [10]