Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market strategies and confidence in investing [1] Zacks Style Scores - Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each designed to help investors identify stocks with the best potential for market outperformance [2][3] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E and Price/Sales [2] - The Growth Score assesses a company's future prospects based on projected earnings and sales growth [2] - The Momentum Score identifies trends in stock prices and earnings estimates to optimize entry points for investments [2] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to facilitate stock selection, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [4] - The combination of Zacks Rank and Style Scores aids investors in narrowing down their stock choices from over 800 top-rated stocks [4][5] Stock Highlight: Applied Industrial Technologies (AIT) - Applied Industrial Technologies, Inc. is a distributor of industrial products, primarily serving OEM and MRO customers in regions including North America and Australia [6] - AIT holds a Zacks Rank of 2 (Buy) and has a VGM Score of B, indicating strong growth potential [6][7] - The company is projected to achieve a year-over-year earnings growth of 7.7% for the current fiscal year, with a recent increase in earnings estimates [6]
Here's Why Applied Industrial Technologies (AIT) is a Strong Growth Stock