Best Growth Stocks to Buy for April 8th

NVDA UGP PDD

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 8:

Ultrapar Participações (UGP - Free Report) : This energy and infrastructure company carries seen the Zacks Consensus Estimate for its current year earnings increasing 23.1% over the last 60 days.

Ultrapar Participações has a PEG ratio of 3.46 comparedwith 8.40 for the industry. The company possesses a Growth Score of A.

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 18% over the last 60 days.

PDD Holdings has a PEG ratio of 0.28 compared with 0.64 for the industry. The company possesses a Growth Score of A.

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 1.19 compared with 1.35 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.

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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