Best Growth Stocks to Buy for March 28th

Zacks Equity Research Published on March 28, 2024

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, March 28:

NVIDIA Corporation (NVDA - Free Report) : This computing and networking solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 19.5% over the last 60 days.

NVIDIA has a PEG ratio of 1.26 comparedwith 1.47 for the industry. The company possesses a Growth Score of B.

PDD Holdings Inc. (PDD - Free Report) : This e-commerce platform provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.

PDD Holdings Inc has a PEG ratio of 0.29 compared with 0.67 for the industry. The company possesses a Growth Score of A.

Ultrapar Participações (UGP - Free Report) :This energy and infrastructure company carries seen the Zacks Consensus Estimate for its current year earnings increasing 28% over the last 60 days.

Ultrapar Participações has a PEG ratio of 3.46 compared with 7.36 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.

Zacks Reveals ChatGPT "Sleeper" Stock

One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.