Growth Stocks: CAT and DOCN Rise, ECPG Fights Uphill Battle
The pursuit of growth is a hallmark of successful companies.
However, even the most seasoned professionals struggle to determine which businesses can sustain their high growth rates.
We've identified two growth stocks that are expanding their competitive advantages and one that faces an uphill battle: Encore Capital Group (ECPG) and DigitalOcean (DOCN), both with impressive revenue growth, and Caterpillar (CAT).
Caterpillar stands out due to its 10.2% annual sales growth over the last five years and share buybacks that catapulted its earnings per share growth to 21.7%, outperforming its revenue gains.