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

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

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.

Westinghouse Air Brake Technologies (WAB)

Westinghouse Air Brake Technologies Corporation provides value-added, technology-based locomotives, equipment, systems and services for the freight rail and passenger transit industries, as well as in the mining, marine and industrial markets, across the globe. WAB's products are intended to enhance safety, improve productivity and reduce maintenance costs for customers. The company's products can be seen on most locomotives, freight cars, passenger transit cars and buses around the globe.

WAB boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 28.4% year-over-year for 2024, while Wall Street anticipates its top line to improve by 7.4%.

Two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $7.60 per share for 2024. WAB boasts an average earnings surprise of 9.5%.

Looking at cash flow, Westinghouse Air Brake Technologies is expected to report cash flow growth of 17.3% this year; WAB has generated cash flow growth of 26.4% over the past three to five years.

WAB should be on investors' short lists because of its impressive growth fundamentals, a good Zacks Rank, and strong Growth and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Wabtec (WAB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research