Reasons to Hold Envestnet (ENV) Stock in Your Portfolio

Shares of Envestnet, Inc. (ENV) have rallied 24.7% over the past year, outperforming the 19.6% growth of the industry it belongs to. The company has an impressive track record with respect to earnings surprise, having surpassed the Zacks Consensus Estimate in three of the trailing four quarters and matching once. The average beat is 9.4%. Its earnings for 2024 and 2025 are anticipated to grow 23.6% and 14.8%, respectively, year over year. Factors That Bode Well Envestnet's robust recurring revenue is derive ...