Is COPT Defense (CDP) a Solid Growth Stock? 3 Reasons to Think "Yes"

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging. COPT Defense (CDP) is highlighted as a promising growth stock with a favorable Growth Score and a top Zacks Rank [1]. Earnings Growth - COPT Defense has a historical EPS growth rate of 4.6%, with projected EPS growth of 4.5% for the current year, significantly outperforming the industry average of 0.3% [3]. Asset Utilization Ratio - The asset utilization ratio for COPT Defense is 0.17, indicating that the company generates $0.17 in sales for every dollar in assets, which is higher than the industry average of 0.13. Additionally, sales are expected to grow by 6.5% this year, compared to the industry average of 1.7% [4]. Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for COPT Defense, with the Zacks Consensus Estimate increasing by 1.5% over the past month, indicating a positive trend in earnings estimates [5]. Overall Assessment - COPT Defense holds a Zacks Rank of 2 and a Growth Score of B, suggesting it is a solid choice for growth investors and a potential outperformer in the market [6][7].