Is Alphabet (GOOGL) a Solid Growth Stock? 3 Reasons to Think "Yes"

Core Viewpoint - Investors are increasingly seeking growth stocks, particularly those with strong financial performance, and Alphabet (GOOGL) is highlighted as a recommended growth stock due to its favorable metrics and Zacks Rank [1][6]. Group 1: Earnings Growth - Alphabet has a historical EPS growth rate of 23.4%, with projected EPS growth of 30.6% for the current year, surpassing the industry average of 29.7% [3]. Group 2: Cash Flow Growth - The year-over-year cash flow growth for Alphabet stands at 16.7%, significantly higher than the industry average of -19.4%. The company's annualized cash flow growth rate over the past 3-5 years is 15.1%, compared to the industry average of 12.5% [4]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for Alphabet have been revised upward, with the Zacks Consensus Estimate increasing by 11.8% over the past month, indicating a positive trend in earnings estimate revisions [5]. Group 4: Overall Assessment - Alphabet has achieved a Zacks Rank 1 (Strong Buy) and a Growth Score of B, suggesting it is a potential outperformer and a solid choice for growth investors [6][7].