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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, June 1st:
Target Corporation (TGT - Free Report) : This general merchandise retailer carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.4% over the last 60 days.
L Brands, Inc. : This retailer of home fragrance products, body care products, soaps and sanitizers, and more carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.2% over the last 60 days.
Tennant Company (TNC - Free Report) : This company that designs, manufactures, and markets floor cleaning equipment carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.2% over the last 60 days.
AutoNation, Inc. (AN - Free Report) : This automotive retailercarries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.7% over the last 60 days.
If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%
You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Image: Bigstock
Top Ranked Growth Stocks to Buy for June 1st
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, June 1st:
Target Corporation (TGT - Free Report) : This general merchandise retailer carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.4% over the last 60 days.
Target Corporation Price and Consensus
Target Corporation price-consensus-chart | Target Corporation Quote
Target has a PEG ratio of 1.45 compared with 2.20 for the industry. The company possesses a Growth Score of B.
Target Corporation PEG Ratio (TTM)
Target Corporation peg-ratio-ttm | Target Corporation Quote
L Brands, Inc. : This retailer of home fragrance products, body care products, soaps and sanitizers, and more carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.2% over the last 60 days.
L Brands, Inc. Price and Consensus
L Brands, Inc. price-consensus-chart | L Brands, Inc. Quote
L Brands has a PEG ratio of 0.93, compared with 1.47 for the industry. The company possesses a Growth Score of A.
L Brands, Inc. PEG Ratio (TTM)
L Brands, Inc. peg-ratio-ttm | L Brands, Inc. Quote
Tennant Company (TNC - Free Report) : This company that designs, manufactures, and markets floor cleaning equipment carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.2% over the last 60 days.
Tennant Company Price and Consensus
Tennant Company price-consensus-chart | Tennant Company Quote
Tennant Co. has a PEG ratio of 1.90, compared with 3.13 for the industry. The company possesses a Growth Score of B.
Tennant Company PEG Ratio (TTM)
Tennant Company peg-ratio-ttm | Tennant Company Quote
AutoNation, Inc. (AN - Free Report) : This automotive retailercarries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.7% over the last 60 days.
AutoNation, Inc. Price and Consensus
AutoNation, Inc. price-consensus-chart | AutoNation, Inc. Quote
AutoNation has a PEG ratio of 0.50, compared with 0.80 for the industry. The company possesses a Growth Score of B.
AutoNation, Inc. PEG Ratio (TTM)
AutoNation, Inc. peg-ratio-ttm | AutoNation, Inc. Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Time to Invest in Legal Marijuana
If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%
You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Today, Download Marijuana Moneymakers FREE >>