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Why Roper Technologies (ROP) is a Top Growth Stock for the Long-Term
ROPRoper(ROP) ZACKS·2024-07-12 14:46

Core Insights - Zacks Premium offers various tools to help investors make informed decisions and enhance their confidence in the stock market [1] Company Overview - Roper Technologies, Inc. designs, manufactures, and distributes software and technology-enabled products across various markets, including legal, healthcare, government, food, transportation, oil & gas, and medical [8] - ROP is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B [18] Growth Potential - ROP has a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 8.7% for the current fiscal year [9] - The Zacks Consensus Estimate for ROP's earnings has increased to $18.17 per share, with one analyst revising their estimate upwards in the last 60 days [19] Investment Strategy - The Zacks Rank utilizes earnings estimate revisions to help investors build successful portfolios, with a focus on stocks rated 1 (Strong Buy) or 2 (Buy) that also have Style Scores of A or B for optimal success [14][16] - Stocks with a 3 (Hold) rank should also have favorable Style Scores to maximize upside potential [16]