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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.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Choice Hotels (CHH)
Choice Hotels International is one of the largest hotel franchisors globally. As of Dec 31, 2023, the company had 7,527 hotels open, representing 632,986 rooms. This hotel chain is spread across 46 countries and territories internationally and is present in 50 states domestically and the District of Columbia.
CHH is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 12% year-over-year for the current fiscal year, with sales growth of 1.8%.
Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.23 to $6.84 per share. CHH also boasts an average earnings surprise of 8.3%.
Looking at cash flow, Choice Hotels is expected to report cash flow growth of 9.4% this year; CHH has generated cash flow growth of 8.7% over the past three to five years.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, CHH should be on investors' short lists.
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Choice Hotels International, Inc. (CHH) : Free Stock Analysis Report