Top Ranked Growth Stocks to Buy for April 2nd

PRAA TPH MITK

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, April 2nd:

Mitek Systems, Inc. (MITK - Free Report) : This company that develops, markets, and sells mobile image capture and digital identity verification solutions carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Mitek Systems, Inc. Price and Consensus

Mitek has a PEG ratio of 1.00, compared with 1.77 for the industry. The company possesses a Growth Score of A.

Mitek Systems, Inc. PEG Ratio (TTM)

TRI Pointe Group, Inc. (TPH - Free Report) : This company that engages in the design, construction and sale of single-family detached and attached homes carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

TRI Pointe Group, Inc. Price and Consensus

TRI Pointe has a PEG ratio of 0.46, compared with 0.74 for the industry. The company possesses a Growth Score of A.

TRI Pointe Group, Inc. PEG Ratio (TTM)

PRA Group, Inc. (PRAA - Free Report) : This financial and business services company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17% over the last 60 days.

PRA Group, Inc. Price and Consensus

PRA Group has a PEG ratio of 0.29, compared with 0.99 for the industry. The company possesses a Growth Score of B.

PRA Group, Inc. PEG Ratio (TTM)

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 hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

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.

Today, See These 5 Potential Home Runs >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>