Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those that can fulfill their potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Granite Construction (GVA) is currently highlighted as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 48.6%, with projected EPS growth of 23.2% this year, significantly surpassing the industry average of 13.3% [5] - Granite Construction's year-over-year cash flow growth stands at 47.2%, well above the industry average of 13.4% [6] Group 2: Financial Metrics - The annualized cash flow growth rate for Granite Construction over the past 3-5 years is 29.1%, compared to the industry average of 8% [7] - The Zacks Consensus Estimate for the current year's earnings has increased by 8.2% over the past month, indicating a positive trend in earnings estimate revisions [8] Group 3: Investment Positioning - Granite Construction has achieved a Zacks Rank of 2 (Buy) and a Growth Score of A, positioning it favorably for potential outperformance in the growth stock category [10]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones involves significant risk and volatility [1] Group 1: Company Overview - Granite Construction (GVA) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 48.6%, with projected EPS growth of 23.2% this year, surpassing the industry average of 11.8% [5] Group 2: Financial Metrics - Year-over-year cash flow growth for Granite Construction stands at 47.2%, significantly higher than the industry average of 25.5% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 29.1%, compared to the industry average of 8% [7] Group 3: Earnings Estimates - There has been an upward revision in current-year earnings estimates for Granite Construction, with the Zacks Consensus Estimate increasing by 8.2% over the past month [9] - The combination of strong earnings growth, cash flow growth, and positive earnings estimate revisions has positioned Granite Construction as a Zacks Rank 1 stock with a Growth Score of A [10]