U.S. Xpress Enterprises, Inc. (:USX) shares have been experiencing accelerated earnings and sales growth over the past five years. Over that time frame the firm has seen earnings growth of 23.50% and sales growth of 2.50%.
Most investors are aware that not all stocks will be performing well at the same time. Different stocks may have alternate reactions to various economic factors, world events, and business happenings. When one stock is up, another one might be on the way down. Keeping the portfolio full of names from different sectors can help offset imbalances when one stock or sector may be performing poorly while another stock or sector is doing well. Diversification is typically recommended with all types of investing. Many factors may come into play when trying to pick the right stocks to own. Investors may want to figure out how much they are willing to risk, and what kinds of returns they are looking for. Many beginner investors may not be comfortable picking stocks on their own. Seeking professional advice may be one avenue to pursue, but it is usually a good idea to know exactly what holdings are in the portfolio at all times, as markets can move quickly and without notice.
While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 49.19% for next year and have a $7.31 one year price target on the stock. The stock recently traded at $3.72.
Six Fundamental Characteristics of Great Growth Stocks
#6 Huge Mass Markets – The more potential customers there are, the greater the possibility that both the company, and the investment in said company, will be a success.
#5 Market Dominance/Barriers to Entry – Look for companies who hold