Best Growth Stocks to Buy for January 22nd

NRG POWL HDELY

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 22:

Powell Industries, Inc. (POWL - Free Report) : This custom equipment manufacturer carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.1% over the last 60 days.

Powell Industries has a PEG ratio of 1.10 compared with 1.59 for the industry. The company possesses a Growth Score of A.

NRG Energy, Inc. (NRG - Free Report) : This integrated power company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22% over the last 60 days.

NRG Energy has a PEG ratio of 0.61 compared with 1.81 for the industry. The company possesses a Growth Score of B.

Heidelberg Materials AG (HDELY - Free Report) : This building materials company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.3% over the last 60 days.

Heidelberg has a PEG ratio of 0.52 comparedwith 1.05 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.

 

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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