Here's Why Northrop Grumman (NOC) is a Strong Growth Stock

Group 1: Zacks Premium and Style Scores - Zacks Premium offers various tools for investors, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens to enhance investment confidence [1] - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] Group 2: Style Score Categories - Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [3] - Growth Score focuses on a stock's future prospects by analyzing projected and historical earnings, sales, and cash flow [4] - Momentum Score assesses upward or downward trends in stock price or earnings outlook, utilizing one-week price changes and monthly earnings estimate changes [5] - VGM Score combines the three Style Scores to find companies with the best value, growth forecasts, and momentum [6] Group 3: Zacks Rank and Performance - The Zacks Rank is a proprietary model that uses earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks averaging a 25.41% annual return since 1988, outperforming the S&P 500 [7][8] - To maximize returns, investors should consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] Group 4: Northrop Grumman (NOC) Overview - Northrop Grumman, a global security company, provides products in space systems, military aircraft, missile defense, and advanced technologies, operating through various reportable segments [11] - NOC has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating potential for growth [11] - NOC's Growth Style Score is A, with a forecasted year-over-year earnings growth of 7.5% for the current fiscal year, and an upward revision of earnings estimates by four analysts in the last 60 days [12]