Best Growth Stocks to Buy for January 26th

POWL NSIT PDD

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 26:

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 1.07 compared with 1.61 for the industry. The company possesses a Growth Score of A.

PDD Holdings Inc. (PDD - Free Report) : This company that owns and operates a portfolio of businesses carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.8% over the last 60 days.

PDD Holdings has a PEG ratio of 0.44 compared with 1.29 for the industry. The company possesses a Growth Score of B.

Insight Enterprises, Inc. (NSIT - Free Report) : This IT services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

Insight Enterprises has a PEG ratio of 1.26 compared with 2.01 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.

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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