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Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick

Zacks Equity Research
·2-min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

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Callon Petroleum (CPE)

Headquartered in Houston, TX, Callon Petroleum Company is solely focused on exploration, and production of oil and gas resources in the Permian Basin. Among the three major sub basins of Permian, — Midland Basin, Delaware Basin and Central Basin Platform — Callon Petroleum has strong footprint in the Midland and Delaware Basins.

CPE boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 81.1% year-over-year for 2022, while Wall Street anticipates its top line to improve by 25%.

Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $1.32 to $15.74 per share. CPE boasts an average earnings surprise of 5.5%.

On a historic basis, Callon Petroleum has generated cash flow growth of 42%, and is expected to report cash flow expansion of 33.6% this year.

CPE should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.


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