Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

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.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

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.

CNH Industrial (CNHI)

CNH Industrial is one of the leading equipment and services company engaged in manufacture and sale of agricultural and construction equipment. Currently, CNH Industrial has a commercial presence in approximately 180 countries.

CNHI sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of A. Earnings and sales are forecasted to increase 1.5% and 33.7% year-over-year, respectively.

Three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.03 to $1.37 per share for 2022. CNHI boasts an average earnings surprise of 27.7%.

CNH Industrial is also cash rich. The company has generated cash flow growth of 11.5%, and is expected to report cash flow expansion of 92.8% in 2022.

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

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
 
CNH Industrial N.V. (CNHI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research