Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 30th:
CarGurus CARG: This online automotive marketplace which connects buyers and sellers of new and used cars, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.
CarGurus has a PEG ratio of 1.02 compared with 1.08 for the industry. The company possesses a Growth Score of A.
Norwegian Cruise Line NCLH: This company which is a leading cruise line operator, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.
Norwegian Cruise Line's has a PEG ratio of 0.23 compared with 1.85 for the industry. The company possesses a Growth Score of A.
Powell Industries POWL: This metal-working shop which support the petrochemical facilities, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.9% over the last 60 days.
Powell Industries has a PEG ratio of 0.97 compared with 1.45 for the industry. The company possesses a Growth Score of B.
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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Norwegian Cruise Line Holdings Ltd. (NCLH): Free Stock Analysis Report
Powell Industries, Inc. (POWL): Free Stock Analysis Report
CarGurus, Inc. (CARG): Free Stock Analysis Report