Back to top

Image: Bigstock

Why TopBuild (BLD) Could Be an Impressive Growth Stock

Read MoreHide Full Article

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, they 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 TopBuild Corp. (BLD - Free Report) . This firm, which is in the Building Products - Miscellaneous industry, saw EPS growth of 31% 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 18.8%. Furthermore, the long-term growth rate is currently an impressive 28%, 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 4.1%. Thanks to this rise in earnings estimates, BLD has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider BLD. Not only does it have double-digit earnings growth prospects, but its impressive Zacks Rank suggests that analysts believe better days are ahead for BLD as well.

Free: Zacks’ Single Best Stock Set to Double

Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.

See 5 Stocks Set to Double>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


TopBuild Corp. (BLD) - free report >>

Published in