Best Growth Stocks to Buy for August 16th

PAC FOUR

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 16:

Shift4 Payments, Inc. (FOUR - Free Report) : This software and payment processing solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.2% over the last 60 days.

Shift4 has a PEG ratio of 0.44 compared with 1.07 for the industry. The company possesses a Growth Score of A.

Panasonic Holdings Corporation : This electronics manufacturer and service provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Panasonic has a PEG ratio of 0.50 compared with 3.98 for the industry. The company possesses a Growth Score of B.

Grupo Aeroportuario del Pacífico (PAC - Free Report) : This airport management company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.6% over the last 60 days.

Grupo has a PEG ratio of 0.99 compared with 1.81 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.

Top 5 ChatGPT Stocks Revealed

Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”

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