Penumbra (PEN) 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 - Penumbra (PEN) is recommended as a cutting-edge growth stock based on its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 78.6%, with a projected EPS growth of 35.1% this year, significantly outperforming the industry average of 11.4% [4] Group 2: Financial Metrics - Year-over-year cash flow growth for Penumbra is currently at 1.5%, exceeding the industry average of -2.4% [5] - The annualized cash flow growth rate over the past 3-5 years is 20.5%, compared to the industry average of 6.3% [6] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Penumbra, with the Zacks Consensus Estimate for the current year increasing by 0.3% over the past month [7] - The combination of a Zacks Rank 2 and a Growth Score of A positions Penumbra favorably for potential outperformance [9]