Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 23rd:
Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 5.3% over the last 60 days.
Patrick Industries, Inc. Price and Consensus
Patrick Industries has a PEG ratio of 0.90, compared with 1.10 for the industry. The company possesses a Growth Score of A.
Patrick Industries, Inc. PEG Ratio (TTM)
Triton International Limited : This rental and leasing services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.7% over the last 60 days.
Triton International Limited Price and Consensus
Triton has a PEG ratio 0.90, compared with 1.45 for the industry. The company possesses a Growth Score of B.
Triton International Limited PEG Ratio (TTM)
Cadence Design Systems, Inc. (CDNS - Free Report) : This electronic design automation software provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 3.7% over the last 60 days.
Cadence Design Systems, Inc. Price and Consensus
Cadence Design has a PEG ratio of 2.26, compared with 13.42 for the industry. The company possesses a Growth Score of A.
Cadence Design Systems, 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.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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 >>
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 23rd:
Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 5.3% over the last 60 days.
Patrick Industries, Inc. Price and Consensus
Patrick Industries has a PEG ratio of 0.90, compared with 1.10 for the industry. The company possesses a Growth Score of A.
Patrick Industries, Inc. PEG Ratio (TTM)
Triton International Limited : This rental and leasing services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.7% over the last 60 days.
Triton International Limited Price and Consensus
Triton has a PEG ratio 0.90, compared with 1.45 for the industry. The company possesses a Growth Score of B.
Triton International Limited PEG Ratio (TTM)
Cadence Design Systems, Inc. (CDNS - Free Report) : This electronic design automation software provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 3.7% over the last 60 days.
Cadence Design Systems, Inc. Price and Consensus
Cadence Design has a PEG ratio of 2.26, compared with 13.42 for the industry. The company possesses a Growth Score of A.
Cadence Design Systems, 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.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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 >>
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