Tyler Technologies (TYL) is a Top-Ranked Growth Stock: Should You Buy?

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow to highlight attractive investment opportunities [3] Growth Score - The Growth Style Score assesses a company's financial health and future prospects by examining projected and historical earnings, sales, and cash flow to identify stocks with sustainable growth potential [4] Momentum Score - The Momentum Style Score is based on price trends and earnings outlook changes, utilizing factors like one-week price change and monthly earnings estimate changes to identify favorable investment timing [5] VGM Score - The VGM Score combines Value, Growth, and Momentum Scores, providing a comprehensive indicator for investors seeking stocks with the best overall potential [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +23.9% since 1988, significantly outperforming the S&P 500 [7][8] Stock Selection Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B, while ensuring that 3 (Hold) ranked stocks also have favorable Style Scores for potential upside [10] Company Spotlight: Tyler Technologies - Tyler Technologies is a leading provider of integrated information-management solutions for the public sector, currently holding a Zacks Rank of 2 (Buy) and a VGM Score of B [12] - The company is projected to experience a year-over-year earnings growth of 19.5% for the current fiscal year, supported by a Growth Style Score of A [12] - Recent upward revisions in earnings estimates have led to a Zacks Consensus Estimate of $11.41 per share, with an average earnings surprise of +4.3%, making Tyler Technologies a strong candidate for investors [13]