Best Growth Stocks to Buy for March 9th

DTEGY UGP ELF

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today March 9th:

e.l.f. Beauty (ELF - Free Report) : This Oakland-based cosmetic company that offers eye, lip, face, face, paw, and skin care products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.8% over the last 60 days.

e.l.f. Beauty has a PEG ratio of 1.62 compared with 2.36 for the industry. The company possesses a Growth Score of A.

Ultrapar Participacoes (UGP - Free Report) : This Brazilian industrial group which is one of the largest distributors of liquefied petroleum gas in Brazil and a leading producer of petrochemicals and chemical, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.0% over the last 60 days.

Ultrapar Participacoes has a PEG ratio of 0.43 compared with 2.17 for the industry. The company possesses a Growth Score of A.

Deutsche Telekom (DTEGY - Free Report) : This company which is Europe's largest communications company and one of the largest communications carriers worldwide, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

Deutsche Telekom has a PEG ratio of 0.76 compared with 3.41 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.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>