Looking for a Growth Stock? Why It is time to focus on ZELTIQ Aesthetics, (ZLTQ) - Tale of the Tape
January 09 2014 - 8:55AM
Zacks
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 ZELTIQ Aesthetics, (ZLTQ). This firm,
which is in Medical Appliances and Equipment, saw EPS growth of
55.6% 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 62.7%. Furthermore, the long-term
growth rate is currently an impressive 30%, 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 3.4%.
Thanks to this rise in earnings estimates, (ZLTQ) has a Zacks Rank
#2 (Buy) which further underscores the potential for out
performance 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
(ZLTQ). Not only does it have double digit earnings growth
prospect, but its impressive Zacks Rank suggests that analysts
believe better days are ahead for (ZLTQ) as well.
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