Is Tapestry (TPR) a Solid Growth Stock? 3 Reasons to Think "Yes"

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, but identifying such stocks can be challenging due to inherent volatility and risks [1] Group 1: Tapestry's Growth Potential - Tapestry (TPR) is currently recommended as a cutting-edge growth stock due to its favorable Growth Score and top Zacks Rank [2] - The historical EPS growth rate for Tapestry is 21.7%, with projected EPS growth of 10% this year, surpassing the industry average of 8.8% [4] - Tapestry's year-over-year cash flow growth stands at 10.6%, significantly higher than the industry average of -3.2% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 21.2%, compared to the industry average of 7.6% [6] Group 2: Earnings Estimate Revisions - Positive trends in earnings estimate revisions are crucial, with Tapestry's current-year earnings estimates rising by 2.9% over the past month [7] - Tapestry has achieved a Growth Score of A and a Zacks Rank 2, indicating strong potential for outperformance [9]