Why FTI Consulting (FCN) is a Top Growth Stock for the Long-Term

Core Viewpoint - The Zacks Style Scores are designed to assist investors in selecting stocks with the highest potential to outperform the market over the next 30 days [1] Group 1: Zacks Style Scores Overview - The Style Scores are categorized into four types: Value, Momentum, Growth, and VGM (Value, Growth, Momentum) [2][12] - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [2] - The Momentum Style Score helps investors capitalize on price trends by analyzing short-term price changes and earnings estimate revisions [3] Group 2: Zacks Rank and Performance - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to guide investors in portfolio creation [4] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [13] - A stock's earnings estimate revisions are crucial when selecting which stocks to invest in, as they indicate potential future performance [14] Group 3: FTI Consulting (FCN) Analysis - FTI Consulting (FCN) is highlighted as a stock to watch, currently holding a 1 (Strong Buy) rating on the Zacks Rank and a VGM Score of B [15][23] - FCN is projected to achieve year-over-year earnings growth of 10% for the current fiscal year, appealing to growth investors [9] - Recent analyst revisions have increased FCN's earnings estimate for fiscal 2024 by $0.26 to$8.48 per share, with an average earnings surprise of 29.6% [16] Group 4: Company Profile - Founded in 1982 and based in Baltimore, Maryland, FTI Consulting is a global business advisory firm with over 7,990 employees [17] - The company provides specialized consulting services across 57 countries, serving a significant portion of Fortune 500 companies and major financial institutions [17] - FTI Consulting operates in five main business segments: Corporate Finance and Restructuring, Forensic and Litigation Consulting, Strategic Communications, Technology, and Economic Consulting [17]