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

Core Insights - Zacks Premium provides various tools to enhance stock market investment confidence and knowledge [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market [3][4] Zacks Style Scores Overview - The Zacks Style Scores rate stocks based on value, growth, and momentum characteristics, with ratings from A to F [4] - Value Score focuses on identifying undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [5] - Momentum Score evaluates stocks based on price trends and earnings estimate changes [6] - VGM Score combines all three styles to identify stocks with the best overall characteristics [7] Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investment decisions [8] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +23.93% since 1988, significantly outperforming the S&P 500 [9] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [10] Stock Highlight: SAIC - SAIC is a leading IT and professional services provider to the U.S. government, currently rated 3 (Hold) with a VGM Score of A [12] - The company has a Growth Style Score of B, with a projected year-over-year earnings growth of 4.8% for the current fiscal year [12] - Recent upward revision of earnings estimates indicates a consensus estimate increase of $0.08 to $9.57 per share, with an average earnings surprise of +25% [13]