Top Ranked Growth Stocks to Buy for August 7th
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 7th:
CarGurus, Inc. (CARG): This operator of an online automotive marketplace, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% over the last 60 days.
CarGurus, Inc. Price and Consensus
CarGurus, Inc. price-consensus-chart | CarGurus, Inc. Quote
CarGurus has a PEG ratio of 2.31, compared with 3.72 for the industry. The company possesses a Growth Score of A.
CarGurus, Inc. PEG Ratio (TTM)
CarGurus, Inc. peg-ratio-ttm | CarGurus, Inc. Quote
Owens & Minor, Inc. (OMI): This healthcare solutions company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
Owens Minor, Inc. Price and Consensus
Owens Minor, Inc. price-consensus-chart | Owens Minor, Inc. Quote
Owens & Minor has a PEG ratio 0.37, compared with 2.14 for the industry. The company possesses a Growth Score of A.
Owens Minor, Inc. PEG Ratio (TTM)
Owens Minor, Inc. peg-ratio-ttm | Owens Minor, Inc. Quote
Daqo New Energy Corp. (DQ): This manufacturer and seller of polysilicon to photovoltaic product manufactures in China, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.
DAQO New Energy Corp. Price and Consensus
DAQO New Energy Corp. price-consensus-chart | DAQO New Energy Corp. Quote
Daqo has a PEG ratio 0.56, compared with 2.27 for the industry. The company possesses a Growth Score of B.
DAQO New Energy Corp. PEG Ratio (TTM)
DAQO New Energy Corp. peg-ratio-ttm | DAQO New Energy Corp. Quote
Meritage Homes Corporation (MTH): This designer and builder of single-family homes, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 70.8% over the last 60 days.
Meritage Homes Corporation Price and Consensus
Meritage Homes Corporation price-consensus-chart | Meritage Homes Corporation Quote
Meritage Homes has a PEG ratio 0.60, compared with 1.28 for the industry. The company possesses a Growth Score of A.
Meritage Homes Corporation PEG Ratio (TTM)
Meritage Homes Corporation peg-ratio-ttm | Meritage Homes Corporation Quote
See the full list of top ranked stocks here
Learn more about the Growth score and how it is calculated here.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.3% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Owens Minor, Inc. (OMI) : Free Stock Analysis Report
Meritage Homes Corporation (MTH) : Free Stock Analysis Report
DAQO New Energy Corp. (DQ) : Free Stock Analysis Report
CarGurus, Inc. (CARG) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research