12 Fast And Steady Earnings Growth Stocks For September
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How fast are earnings growing on a growth stock? How big a premium do you have to pay to get that stock? How reliable is the earnings growth?
These questions are answered by a statistical analysis of 22,000 earnings numbers. Highlights of what comes out of the survey are in the four tables below.
The roster of fast-growing earners includes familiar names like Amazon, Netflix and Nvidia. There are some others that would be discussed alongside the Magnificent Seven if only they were larger in market capitalization: Fortinet, in cybersecurity, Arista Networks, in data networks, and Veeva Systems, which massages data for the life sciences industry.
With few exceptions, you have to pay a steep price to get in on this kind of growth. By way of comparison, the S&P 500 index trades at 26 times its forecast earnings. However, those index earnings (an expected $216 for 2024) incorporate all the negative numbers for money losers. Exclude them and........
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