Here's Why Catalyst Pharmaceutical (CPRX) is a Strong Growth Stock

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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

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

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.

Catalyst Pharmaceutical (CPRX)

Coral Gables, FL-based Catalyst Pharmaceuticals, Inc. is a commercial-stage biopharmaceutical company, focused on the development and commercialization of therapies targeting rare and difficult-to-treat diseases.

CPRX 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 3.1% and 21.2% year-over-year, respectively.

Three analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.04 to $2.02 per share. CPRX also boasts an average earnings surprise of 18%.

Looking at cash flow, Catalyst Pharmaceutical is expected to report cash flow growth of 186.8% this year; CPRX has generated cash flow growth of 55.6% over the past three to five years.

Investors should take the time to consider CPRX for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

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Catalyst Pharmaceuticals, Inc. (CPRX) : Free Stock Analysis Report

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