In fact, I feel pretty strongly that this stock - which I consider a good buy - actually can never grow its profits faster than nominal GDP. In periods where there was a bit more inflation - in other words, almost any other time in the last century - and nominal GDP growth, sales grew faster than this analyst's estimate. Conversely, an overleveraged business can - without ever risking insolvency - use almost all of the free cash flow you anticipate to pay down the debt in front of your common stock.