VGL, SKO & ERD: How are these 3 NZX growth stocks faring?

Highlights Growth investing involves investing in companies or sectors that are growing at present and are likely to continue their growth over a significant period of time. Rakon upgraded its earnings guidance for FY22. PGG Wrightson increase...

Highlights Growth companies have the potential to grow their earnings fast. Investors look to them for good returns. Growth companies usually don’t give dividends. Growth stocks improve their earnings and sales faster than other com...

Highlights A growth stock is the stock of a company whose earnings and revenues are likely to increase at a substantially higher rate than the industrial average. PGG will release its interim results for the 6 months to 31 December 2021 on 22 F...

Highlights Investors pay a high price for investing in growth stocks, which also lowers safety margins. Revenues and earnings of growth stocks are likely to grow at a rate significantly higher than its peers in that industry. Rakon, Heartland ...

Highlights Growth stocks have the ability to knock the market with strong revenue growth and a business development strategy. RAK expects an EBITDA between $44 million and $49 million for FY22. PGW raised its FY22 operating EBITDA guidance to ...

Highlights  Growth stocks offer investors significant returns in a short time. Rakon expects an underlying EBITDA of $44 million to $49 million in FY22. NZME announced that the procedural conditions for purchasing BusinessDesk had been fu...

Highlights Growth stocks are likely to increase their earnings at a faster rate than the market average. Rakon reported a 43% increase in its revenue for the 6 months ended 30 September 2021. Skellerup expects an NPAT to be over 10% above the ...

Highlights Growth stocks are the companies that are anticipated to grow at a faster rate than the industry growth rate. Steel and Tube Holdings provided its employees with an incentive scheme on Friday to become vaccinated against COVID-19 befo...

 Highlights Growth stocks demonstrate a high growth potential but can be risky at the same time.  Briscoe Group reported strong third-quarter results after a post-lockdown recovery in the retail sector. PGG expects an ...

Highlights  Growth stocks are the companies that have a high development potential and show above-average earnings. Turners Automotive will pay a dividend of 5cps for Q1 FY22 on 28 October 2021. NZME expects EBITDA to be between $63 milli...