Top Ranked Growth Stocks to Buy for August 3rd

In this article:

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 3rd:

America's Car-Mart, Inc. (CRMT): This automotive retailer, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Americas CarMart, Inc. Price and Consensus

Americas CarMart, Inc. Price and Consensus
Americas CarMart, Inc. Price and Consensus

Americas CarMart, Inc. price-consensus-chart | Americas CarMart, Inc. Quote

America's Car-Mart has a 1.53, compared with 5.64 for the industry. The company possesses a Growth Score of B.

Americas CarMart, Inc. PEG Ratio (TTM)

Americas CarMart, Inc. PEG Ratio (TTM)
Americas CarMart, Inc. PEG Ratio (TTM)

Americas CarMart, Inc. peg-ratio-ttm | Americas CarMart, Inc. Quote

Penske Automotive Group, Inc. (PAG): This diversified transportation services company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days.

Penske Automotive Group, Inc. Price and Consensus

Penske Automotive Group, Inc. Price and Consensus
Penske Automotive Group, Inc. Price and Consensus

Penske Automotive Group, Inc. price-consensus-chart | Penske Automotive Group, Inc. Quote

Penske Automotive has a PEG ratio 0.86, compared with 2.88 for the industry. The company possesses a Growth Score of B.

Penske Automotive Group, Inc. PEG Ratio (TTM)

Penske Automotive Group, Inc. PEG Ratio (TTM)
Penske Automotive Group, Inc. PEG Ratio (TTM)

Penske Automotive Group, Inc. peg-ratio-ttm | Penske Automotive Group, 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 20.9% over the last 60 days.

DAQO New Energy Corp. Price and Consensus

DAQO New Energy Corp. Price and Consensus
DAQO New Energy Corp. Price and Consensus

DAQO New Energy Corp. price-consensus-chart | DAQO New Energy Corp. Quote

Daqo has a PEG ratio 0.53, compared with 2.46 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. PEG Ratio (TTM)

DAQO New Energy Corp. peg-ratio-ttm | DAQO New Energy Corp. Quote

See the full list of top ranked stocks here

Learn more about the Growth score and how it is calculated here.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks 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
 
Penske Automotive Group, Inc. (PAG) : Free Stock Analysis Report
 
DAQO New Energy Corp. (DQ) : Free Stock Analysis Report
 
Americas CarMart, Inc. (CRMT) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Advertisement