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, these 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 Virtus Investment Partners, Inc. (VRTS – Snapshot Report). This firm, which is in the Financial Investment Management Industry space, saw EPS growth of 91.4% 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 19.2%. Furthermore, the long-term growth rate is currently an impressive 15.5%, suggesting pretty good prospects for the long haul.
— Zacks Investment Research