Tyler Technologies (TYL) is an Incredible Growth Stock: 3 Reasons Why

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, which can lead to solid returns, but identifying such stocks can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Tyler Technologies (TYL) is recommended as a cutting-edge growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 13.2%, with projected EPS growth of 10.3% this year, surpassing the industry average of 7.9% [4] Group 2: Financial Metrics - Tyler Technologies exhibits a year-over-year cash flow growth of 15%, which is significantly higher than the industry average of 9.9% [5] - The company's annualized cash flow growth rate over the past 3-5 years stands at 14.6%, compared to the industry average of 8.6% [6] Group 3: Earnings Estimates - The current-year earnings estimates for Tyler Technologies have been revised upward, with the Zacks Consensus Estimate increasing by 0.2% over the past month [8] - The combination of a Growth Score of A and a Zacks Rank 2 indicates that Tyler Technologies is a potential outperformer and a solid choice for growth investors [10]