5 Buy-Rated Stocks With Impressive Cash Flow Growth

Core Viewpoint - Healthy cash flow is essential for a company's existence, development, and success, acting as the lifeblood of any business [1] - Companies with strong cash flow are more resilient to market disruptions and can better manage their operations and investments [2] Group 1: Importance of Cash Flow - Cash flow provides flexibility for decision-making, investment opportunities, and supports growth [1] - Positive cash flow indicates an increase in liquid assets, enabling companies to meet obligations and reinvest [2] - Increasing cash flow reflects management's efficiency and reduces dependency on external financing [3] Group 2: Screening Parameters for Stocks - Stocks were screened for those with cash flow in the latest quarter at least equal to the 5-year average cash flow per share, indicating a positive trend [4] - Additional criteria included Zacks Rank 1, average broker rating of 1, current price greater than or equal to $5, and a VGM Score of B or better [4] Group 3: Qualified Stocks - Griffon Corporation (GFF): A diversified management company with a revised fiscal 2024 EPS estimate of $4.80, up 5.3% [5] - Adtalem Global Education Inc. (ATGE): A healthcare education provider with projected fiscal 2024 sales and EPS growth of 8.3% and 16.4%, respectively [6] - HNI Corporation (HNI): A provider of home and workplace products, with a revised EPS estimate of $3.10, up 5.8% [6] - Diebold Nixdorf, Incorporated (DBD): Engaged in banking and retail automation, with a 47% upward revision in 2024 earnings estimates [7] - GigaCloud Technology Inc. (GCT): A B2B e-commerce solutions provider, with a revised EPS estimate of $3.25, up 9.1% [7]