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, they 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 GrubHub Inc. . This firm, which is in the Internet - Delivery Services industry, saw a EPS growth of 34.8% 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 58%. Furthermore, the long-term growth rate is currently an impressive 24%, suggesting pretty good prospects for the long haul.
GrubHub 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 9.2%. Thanks to this rise in earnings estimates, GRUB 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 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 GRUB. Not only does it have double-digit earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for GRUB as well.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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Looking for a Growth Stock? Why It is Time to Focus on GrubHub (GRUB)
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, they 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 GrubHub Inc. . This firm, which is in the Internet - Delivery Services industry, saw a EPS growth of 34.8% 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 58%. Furthermore, the long-term growth rate is currently an impressive 24%, suggesting pretty good prospects for the long haul.
GrubHub Inc. Price and Consensus
GrubHub Inc. Price and Consensus | GrubHub Inc. Quote
And if this wasn’t enough, the stock has actually seen estimates rise over the past month for the current fiscal year by about 9.2%. Thanks to this rise in earnings estimates, GRUB 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 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 GRUB. Not only does it have double-digit earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for GRUB as well.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>