Yahoo Finance AES (AES) is a Top-Ranked Growth Stock: Should You Buy?
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
AES (AES)
Arlington, VA-based The AES Corporation, incorporated in 1981, is a global power company. The company’s businesses are spread across four continents in 14 countries. The company has four Strategic Business Units (SBUs) located in the United States and other regions across the globe. At the end of 2021, the company had a customer base of 2.5 million. AES Corp. currently owns and/or operates a generation portfolio of 31,459 MW, including generation from its integrated utility, IPL.
AES sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 8.6% and 12.3% year-over-year, respectively.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $0.04 to $1.65 per share. AES boasts an average earnings surprise of 5.6%.
Looking at cash flow, AES is expected to report cash flow growth of 6.9% this year; AES has generated cash flow growth of 6.2% over the past three to five years.
Investors should take the time to consider AES for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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The AES Corporation (AES) : Free Stock Analysis Report
