Looking for a Growth Stock? 3 Reasons Why Central Garden (CENT) is a Solid Choice

Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, which can lead to solid returns, but identifying such stocks can be challenging [1] Group 1: Company Overview - Central Garden (CENT) is identified as a promising growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company operates in the pet supply and lawn and garden markets, making it a relevant choice for growth investors [3] Group 2: Earnings Growth - Central Garden has a historical EPS growth rate of 5.1%, but projected EPS growth for this year is expected to be 10.6%, surpassing the industry average of 8.6% [5] Group 3: Cash Flow Growth - The year-over-year cash flow growth for Central Garden is currently at 8.7%, significantly higher than the industry average of 1.8% [6] - Over the past 3-5 years, the company's annualized cash flow growth rate has been 11.4%, compared to the industry average of 3.7% [7] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Central Garden, with the Zacks Consensus Estimate for the current year increasing by 6.8% over the past month [9] Group 5: Investment Potential - Central Garden has achieved a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, indicating it is a potential outperformer and a solid choice for growth investors [11]