This Growth Stock Just Raised Guidance for the Fifth Straight Quarter
Growth stocks, by their very definition, are those that generate earnings at a faster rate than most in their respective industries. Not only has SVB Financial Group (NASDAQ: SIVB), the parent company of Silicon Valley Bank, achieved this growth quarter after quarter, but it has now raised its outlook in five straight quarters.
Generally speaking, good things tend to happen to companies when this occurs. Let's take a look at how SVB has been able to do this and if this impressive trend can continue.
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Source Fool.com
