Why the growth investor may take a look at INTERDIGITAL INC (NASDAQ:IDCC).

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTERDIGITAL INC (NASDAQ:IDCC) is suited for growth investing. Investors should of course do their own research, but we spotted INTERDIGITAL INC showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Some of the growth metrics of NASDAQ:IDCC highlighted

• In terms of Return on Equity(ROE), INTERDIGITAL INC is performing well, achieving a 35.55% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
• INTERDIGITAL INC has a strong history of beating EPS estimates in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• With notable 1-year revenue growth of 23.99%, INTERDIGITAL INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for future growth.
• INTERDIGITAL INC has achieved 22.04% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• INTERDIGITAL INC has experienced notable growth in its operating margin over the past year, reflecting improved operational performance. This growth suggests the company's ability to generate higher profits from its core business activities.
• INTERDIGITAL INC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), INTERDIGITAL INC highlights its ability to generate increasing profitability, showcasing a 132.0% growth.
• Analysts' average next Quarter EPS Estimate for INTERDIGITAL INC has witnessed a 29.36% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The recent financial report of INTERDIGITAL INC demonstrates a 132.0% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• accelerating EPS growth for INTERDIGITAL INC: the current Q2Q growth of 132.0% exceeds the previous year Q2Q growth of -10.84%.

How does the complete fundamental picture look for NASDAQ:IDCC?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

IDCC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 280 industry peers in the Software industry. Both the health and profitability get an excellent rating, making IDCC a very profitable company, without any liquidiy or solvency issues. IDCC has a decent growth rate and is not valued too expensively. Finally IDCC also has an excellent dividend rating. This makes IDCC very considerable for dividend investing!

Check the latest full fundamental report of IDCC for a complete fundamental analysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.