Best Growth Stocks to Buy for February 29th

TXT PGR SLVM

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 29:

The Progressive Corporation (PGR - Free Report) : This insurance holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

The Progressive Corporation has a PEG ratio of 1.00 compared with 1.47 for the industry. The company possesses a Growth Score of B.

Sylvamo Corporation (SLVM - Free Report) : This paper manufacturing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.7% over the last 60 days.

Sylvamo Corporation has a PEG ratio of 0.34 compared with 0.78 for the industry. The company possesses a Growth Score of B.

Textron Inc. (TXT - Free Report) : This company that operates in the aircraft, defense, industrial, and finance businesses carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Textron Inc has a PEG ratio of 1.21 compared with 2.92 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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