Markets

Is JetBlue Airways (JBLU) a Great Growth Stock?

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 JetBlue Airways CorporationJBLU . This firm, which is in the Transportation - Airline industry, saw EPS growth of 34.6% last year, and is looking great for this year too.

The current growth estimate for this year is also significantly high. Furthermore, the long-term growth rate is currently an impressive 48.5%, suggesting pretty good prospects for the long haul.

And if this wasn't enough, the stock has actually seen estimates rise over the past 30 days for the current fiscal year by about 1.1%. Thanks to this rise in earnings estimates, JBLU has a Zacks Rank #2 (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 JBLU. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for JBLU as well.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

JETBLUE AIRWAYS (JBLU): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

JBLU

Other Topics

Investing Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More