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Why Oshkosh (OSK) is a Top Growth Stock for the Long-Term

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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Oshkosh (OSK)

Established in 1917, WI-based Oshkosh Corporation is a producer and seller of a varied range of vehicle bodies and specialty vehicles. It is also engaged in equipment financing and leasing solutions for its customers, primarily through third-party funding arrangements. Oshkosh has manufacturing operations in the United States, Australia, Canada, China, France, Mexico and the United Kingdom, apart from the seven states of the United States.

OSK is a Zacks Rank #1 (Strong Buy) stock, with a Growth Style Score of A and VGM Score of A. Earnings are expected to grow 3% year-over-year for the current fiscal year, with sales growth of 6.9%.

One analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $10.28 per share for 2024. OSK boasts an average earnings surprise of 46.8%.

Oshkosh is also cash rich. The company has generated cash flow growth of 6.5%, and is expected to report cash flow expansion of 143% in 2024.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, OSK should be on investors' short lists.

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Oshkosh Corporation (OSK) : Free Stock Analysis Report

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