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Top Ranked Growth Stocks to Buy for August 13th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 13th:

D.R. Horton, Inc. (DHI - Free Report) : This homebuilding company carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.7% over the last 60 days.

D.R. Horton has a PEG ratio of 0.87 compared with 1.23 for the industry. The company possesses a Growth Score of B.

Meritage Homes Corporation (MTH - Free Report) : This company that manufactures and sells apparel and accessories carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 49.8% over the last 60 days.

Meritage Homes has a PEG ratio of 0.58 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 0.91 compared with 1.96 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


In-Depth Zacks Research for the Tickers Above


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Sanmina Corporation (SANM) - free report >>

Meritage Homes Corporation (MTH) - free report >>

D.R. Horton, Inc. (DHI) - free report >>