High growth, ROE and relative strength for NYSE:NRGX, growth investors may appreciate this.

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if PIMCO ENRGY & TACT CRDT OPP (NYSE:NRGX) is suited for growth investing. Investors should of course do their own research, but we spotted PIMCO ENRGY & TACT CRDT OPP showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

What matters for canslim investors.

• The quarterly earnings of PIMCO ENRGY & TACT CRDT OPP have shown a 112.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• PIMCO ENRGY & TACT CRDT OPP has demonstrated strong quarter-to-quarter (Q2Q) revenue growth of 26.79%, reflecting its ability to generate consistent increases in sales. This growth highlights the company's effective market positioning and its potential for continued success.
• PIMCO ENRGY & TACT CRDT OPP has achieved 51.85% growth in EPS over the past 3 years, reflecting a sustained improvement in earnings performance.
• PIMCO ENRGY & TACT CRDT OPP exhibits a strong Return on Equity (ROE) of 18.88%, indicating the company's ability to generate solid returns on shareholder investments. This metric reflects the company's efficient utilization of equity capital and its profitability.
• PIMCO ENRGY & TACT CRDT OPP has achieved an impressive Relative Strength (RS) rating of 92.77, showcasing its ability to outperform the broader market. This strong performance positions PIMCO ENRGY & TACT CRDT OPP as an attractive stock for potential price appreciation.
• With a current Debt-to-Equity ratio at 0.37, PIMCO ENRGY & TACT CRDT OPP showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• With institutional shareholders at 41.39%, PIMCO ENRGY & TACT CRDT OPP demonstrates a healthy ownership distribution. This reflects a mix of institutional and individual investors, creating a market environment that may foster increased trading activity and price discovery.

Analyzing the Technical Aspects

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

We assign a technical rating of 9 out of 10 to NRGX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRGX is showing a nice and steady performance.

• The long and short term trends are both positive. This is looking good!
• When comparing the yearly performance of all stocks, we notice that NRGX is one of the better performing stocks in the market, outperforming 92% of all stocks.
• NRGX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NRGX is leading the market.
• In the last month NRGX has a been trading in the 18.55 - 20.24 range, which is quite wide. It is currently trading near the high of this range.
• Prices have been consolidating recently, this may present a good entry opportunity.

Our latest full technical report of NRGX contains the most current technical analsysis.

Fundamental analysis of NYSE:NRGX

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 2 out of 10 to NRGX. NRGX was compared to 0 industry peers in the Unkown industry. Both the profitability and financial health of NRGX have multiple concerns. NRGX is quite expensive at the moment. It does show a decent growth rate.

Our latest full fundamental report of NRGX contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.