Is Inventure Foods (SNAK) a Great Growth Stock? - Tale of the Tape
26 March 2014 - 11:57PM
Zacks
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, these
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 Inventure Foods, Inc. (SNAK). This firm,
which is in the food industry, saw EPS growth of 11.8% 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 43.4%. Furthermore, the long-term
growth rate is currently an impressive 18%, suggesting pretty good
prospects for the long haul.
And if this wasn’t enough, the stock has actually seen estimates
rise over the past month for the current fiscal year by about 5.8%.
Thanks to this rise in earnings estimates, SNAK has a Zacks Rank #2
(Buy) which further underscores the potential for outperformance in
this company.
So if you are looking for a fast growing stock that is still seeing
plenty of opportunities on the horizon, make sure to consider SNAK.
Not only does it have double digit earnings growth prospect, but
its impressive Zacks Rank suggests that analysts believe better
days are ahead for SNAK as well.
Want the latest recommendations from Zacks Investment Research?
Today, you can download 7 Best Stocks for the Next 30
Days. Click to get this free report >>
INVENTURE FOODS (SNAK): Free Stock Analysis Report
To read this article on Zacks.com click here.
Poore Brothers (NASDAQ:SNAK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Poore Brothers (NASDAQ:SNAK)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Inventure Foods, Inc. (MM) (NASDAQ): 0 recent articles
More Poore Brothers News Articles