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Top Ranked Growth Stocks to Buy for August 11th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 11th:

Meritage Homes Corporation (MTH - Free Report) : This company that manufactures and sells apparel and accessories carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 70.8% over the last 60 days.

Meritage Homes has a PEG ratio of 0.59 compared with 1.23 for the industry. The company possesses a Growth Score of A.

Sanmina Corporation (SANM - Free Report) : This company that engages in electronics contract manufacturing services a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.7% over the last 60 days.

Sanmina has a PEG ratio of 0.92 compared with 2.34 for the industry. The company possesses a Growth Score of A.

JELD-WEN Holding, Inc. (JELD - Free Report) : This company that designs, produces and distributes interior and exterior doors, wood, vinyl and aluminum windows and related products carries a Zacks Rank #2 (Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

JELD-WEN has a PEG ratio of 0.91 compared with 1.70 for the industry. The company possesses a Growth Score of A.

Lumber Liquidators Holdings, Inc (LL - Free Report) : This company that provides hardwood flooring services carries a Zacks Rank #2, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Lumber Liquidators has a PEG ratio of 1.09 compared with 1.22 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’ Single Best Pick to Double

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

With users in 180 countries and soaring revenues, it’s set to thrive on remote working long after the pandemic ends. No wonder it recently offered a stunning $600 million stock buy-back plan.

The sky’s the limit for this emerging tech giant. And the earlier you get in, the greater your potential gain.

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