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Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

Zacks Equity Research
·2-min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

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

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

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Lions Gate Entertainment (LGF.A)

Lionsgate has evolved as a leading global content provider based on its massive film and television library that has nearly 18,000 titles. The company produces and distributes motion pictures for theatrical as well as straight-to-video release, and television programming. It also has interest in video game business, particularly in esports.

LGF.A boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 1250% year-over-year for 2024, while Wall Street anticipates its top line to improve by 2.5%.

One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0 to $0.54 per share. LGF.A boasts an average earnings surprise of 724%.

On a historic basis, Lions Gate Entertainment has generated cash flow growth of 9.5%, and is expected to report cash flow expansion of 80.9% this year.

Investors should take the time to consider LGF.A for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

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Lions Gate Entertainment Corp. (LGF.A) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research