One such company that might be well-positioned for future earnings growth is Infinera Corporation (INFN). This firm, which is in the technology sector, saw EPS growth of 70.1% 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 84.06%. Furthermore, the long-term growth rate is currently an impressive 18.8%, suggesting pretty good prospects for the long haul.
And if this wasn’t enough, the stock has actually seen estimates rise over the past month for the current fiscal year by a significant margin. Thanks to this rise in earnings estimates, INFN has a Zacks Rank #2 (Buy) which further underscores the potential for outperformance in this company.
So if you are looking for a fast growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider INFN. Not only does it have double digit earnings growth prospect, but its impressive Zacks Rank suggests that analysts believe better days are ahead for INFN as well.
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