Growth stocks can be some of the most exciting picks in the
market, as these high-flyers can captivate investors' attention,
and produce big gains as well. However, these can also lead on the
downside when the growth story is over, so it is important to find
companies which are still seeing strong growth prospects in their
businesses.
One such company that might be well-positioned for future earnings
growth is
Greatbatch, Inc.
GB
. This firm, which is in the Semiconductors-Discretes industry, saw
EPS growth of 15.2% last year, and is looking great for this year
too.
In fact, the current growth estimate for this year calls for
earnings-per-share growth of 15.3%. Furthermore, the long-term
growth rate is currently an impressive 15%, suggesting pretty good
prospects for the long haul.
And if this wasn't enough, the stock has actually seen estimates
rise over the past month for the current fiscal year by about
15.6%. Thanks to this rise in earnings estimates, GB has a Zacks
Rank #1 (Strong Buy) which further underscores the potential for
outperformance in this company.
So if you are looking for a fast growing stock that is still seeing
plenty of opportunities on the horizon, make sure to consider GB.
Not only does it have double digit earnings growth prospect, but
its impressive Zacks Rank suggests that analysts believe better
days are ahead for GB as well.
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GREATBATCH INC (GB): Free Stock Analysis Report
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