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Top Ranked Growth Stocks to Buy for February 28th

Zacks Equity Research
Enphase Energy's (ENPH) Q1 results are expected to benefit from increased shipments of its solar microinverters.

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 28th:

Spirit AeroSystems Holdings, Inc. (SPR): This manufacturer and supplier of commercial aero structures, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days.

Spirit AeroSystems has a PEG ratio of 1.69, compared with 3.12 for the industry. The company possesses a Growth Score of B.

Canadian Solar Inc. (CSIQ): This manufacturer and marketer of solar power products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

Canadian Solar has a PEG ratio of 0.31, compared with 1.01 for the industry. The company possesses a Growth Score of B.

Wipro Limited (WIT): This information technology and business process services company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.

Wipro has a PEG ratio of 2.06, compared with 5.57 for the industry. The company possesses a Growth Score of B.

See the full list of top ranked stocks here                                    

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?

Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.

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