Here's Why ICICI Bank Limited (IBN) is a Strong Growth Stock

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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.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

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.

ICICI Bank Limited (IBN)

Headquartered in Mumbai, India, ICICI Bank Limited was formed in 1955 at the initiative of the World Bank, the government of India and Indian industry representatives. The company offers a wide range of banking products and financial services to corporate and retail customers.

IBN sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of B, and has a VGM Score of B. Earnings and sales are forecasted to increase 9.4% and 9.9% year-over-year, respectively.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.01 to $1.52 per share. IBN also boasts an average earnings surprise of 4.4%.

ICICI Bank Limited is also cash rich. The company has generated cash flow growth of 53.2%, and is expected to report cash flow expansion of 19% in 2025.

IBN 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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