3 Reasons Why Growth Investors Shouldn't Overlook Artisan Partners (APAM)

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging. Artisan Partners Asset Management (APAM) is highlighted as a recommended growth stock based on its favorable Growth Score and top Zacks Rank [1][6]. Earnings Growth - Artisan Partners has a historical EPS growth rate of 3.9%, but projected EPS growth for this year is expected to be 13%, surpassing the industry average of 12.5% [3]. Asset Utilization Ratio - The company has an asset utilization ratio (sales-to-total-assets) of 0.7, indicating it generates $0.7 in sales for every dollar in assets, significantly higher than the industry average of 0.25. Additionally, sales are projected to grow by 10.5% this year, compared to the industry average of 4.7% [4]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Artisan Partners, with the Zacks Consensus Estimate for the current year increasing by 6.7% over the past month [5]. Conclusion - Artisan Partners holds a Growth Score of B and a Zacks Rank 1, positioning it well for potential outperformance in the growth stock category [6][7].