Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio

Published 2 months ago Positive
Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio
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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why This 1 Growth Stock Should Be On Your Watchlist

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

Oceaneering International (OII)

Founded in 1964, Oceaneering International, Inc. is one of the leading suppliers of offshore equipment and technology solutions to the energy industry. Headquartered in Houston, TX, the company provides specialized products and services for all phases of the offshore oilfield lifecycle — from exploration to decommissioning — with a focus on deep water. The company generated revenues of $2.7 billion last year.

OII sits at a Zacks Rank #3 (Hold), holds a Growth Style Score of A, and has a VGM Score of A. Earnings and sales are forecasted to increase 57.9% and 3.1% year-over-year, respectively.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.01 to $1.80 per share. OII also boasts an average earnings surprise of 0%.

Looking at cash flow, Oceaneering International is expected to report cash flow growth of 18% this year; OII has generated cash flow growth of 4.1% over the past three to five years.

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

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Oceaneering International, Inc. (OII) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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