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

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

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Kinsale Capital Group, Inc. (KNSL)

Headquartered in Richmond, VA, Kinsale Capital was established in 2009. It offers various insurance and reinsurance productsacross all 50 states of the United States, the District of Columbia, the Commonwealth of Puerto Rico and the U.S. Virgin Islands. It operates primarily through two markets – Commercial and Personal. While personal lines include homeowners insurance; commercial lines offerings cover construction, small business, excess casualty, commercial property, product   liability, allied health, general casualty, management liability, inland marine, commercial insurance and public entity.

KNSL is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of A and VGM Score of B. Earnings are expected to grow 27.5% year-over-year for the current fiscal year, with sales growth of 26.2%.

Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $0.09 to $7.32 per share. KNSL also boasts an average earnings surprise of 15.2%.

Kinsale Capital Group, Inc. is also cash rich. The company has generated cash flow growth of 38.1%, and is expected to report cash flow expansion of 82.3% in 2022.

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

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Kinsale Capital Group, Inc. (KNSL) : Free Stock Analysis Report

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