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, they 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 United Continental Holdings, Inc.UAL . This firm, which is in the Transportation - Airline industry, saw EPS growth of 35.1% 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 20.8%. Furthermore, the long-term growth rate is currently an impressive 20.1%, suggesting pretty good prospects for the long haul.
United Continental Holdings, Inc. Price and Consensus
And if this wasn't enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 6.9%. Thanks to this rise in earnings estimates, UAL has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
So, if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider UAL. Not only does it have double-digi t earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for UAL as well.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?
Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.