Back to top

Image: Bigstock

Top Ranked Growth Stocks to Buy for March 23rd

Read MoreHide Full Article

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, March 23rd:

Mitek Systems, Inc. (MITK - Free Report) : This company that develops, markets, and sells mobile image capture and digital identity verification solutions carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Mitek Systems has a PEG ratio of 0.79 compared with 1.39 for the industry. The company possesses a Growth Score of A.

YETI Holdings, Inc. (YETI - Free Report) : This company that designs, markets, retails, and distributes products for the outdoor and recreation market carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

YETI Holdings has a PEG ratio of 0.68, compared with 0.69 for the industry. The company possesses a Growth Score of A.

Virtusa Corporation : This company that provides digital engineering and information technology (IT) outsourcing services carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Virtusa has a PEG ratio of 0.57, compared with 0.71 for the industry. The company possesses a Growth Score of A.

Mellanox Technologies, Ltd. : This fabless semiconductor company, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 8% over the last 60 days.

Mellanox Technologies has a PEG ratio of 0.77, compared with 3.46 for the industry. The company possesses a Growth Score of A.

See the full list of top ranked stocks here.

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

Free: Zacks’ Single Best Stock Set to Double

Today you are invited to download our latest Special Report that reveals 5 stocks with the most potential to gain +100% or more in 2020. From those 5, Zacks Director of Research, Sheraz Mian hand-picks one to have the most explosive upside of all.

This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.

See 5 Stocks Set to Double>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Mitek Systems, Inc. (MITK) - free report >>

YETI Holdings, Inc. (YETI) - free report >>

Published in