Back to top

Image: Bigstock

Is Extreme Networks (EXTR) a Great Growth Stock?

Read MoreHide Full Article

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 Extreme Networks (EXTR - Free Report) . This firm, which is in the Computer – Networking industry, saw significant EPS growth 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 17%, suggesting pretty good prospects for the long haul.

Extreme Networks, 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 17.1%. Thanks to this rise in earnings estimates, EXTR 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 EXTR. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for EXTR as well.

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Extreme Networks, Inc. (EXTR) - free report >>

Published in