Here's Why Boston Scientific (BSX) is a Strong Growth Stock
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
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.
Boston Scientific (BSX)
Headquartered in Natick, MA and founded in 1979, Boston Scientific Corporation manufactures medical devices and products used in various interventional medical specialties worldwide. The company has adopted the organic as well as inorganic routes for success.
BSX is a Zacks Rank #3 (Hold) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 15.9% year-over-year for the current fiscal year, with sales growth of 16.4%.
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11 analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.06 to $2.91 per share for 2025. BSX boasts an average earnings surprise of 8.8%.
Looking at cash flow, Boston Scientific is expected to report cash flow growth of 26.5% this year; BSX has generated cash flow growth of 9.9% over the past three to five years.
BSX should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.
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Boston Scientific Corporation (BSX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).