Back to top

Image: Bigstock

Top Ranked Growth Stocks to Buy for March 20th

Read MoreHide Full Article

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, March 20th:

Big 5 Sporting Goods Corp.  (BGFV - Free Report) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.8% over the last 60 days.

Big 5 Sporting Goods has a PEG ratio of 1.15, compared with 1.56 for the industry. The company possesses a Growth Score of A.

Louisiana-Pacific Corporation (LPX - Free Report) : This manufacturer and seller of building products has witnessed the Zacks Consensus Estimate for its current year earnings rising 12.6% over the last 60 days.

Louisiana-Pacific has a low PEG ratio of 3.26. The company possesses a Growth Score of A.

Mercadolibre, Inc. (MELI - Free Report) : This major online trading platform in Latin America has witnessed the Zacks Consensus Estimate for its current year earnings rising 4.2% over the last 60 days.

MercadoLibre, Inc. Price and Consensus

 

MercadoLibre, Inc. Price and Consensus | MercadoLibre, Inc. Quote

Mercadolibre has a low PEG ratio of 1.99. The company possesses a Growth Score of A.

Applied Materials, Inc. (AMAT - Free Report) : This semiconductor related equipment, services, and software manufacturer has witnessed the Zacks Consensus Estimate for its current year earnings improving 8.7% over the last 30 days.

Applied Materials has a price/earnings to growth ratio (PEG) of 0.95, compared with 1.19 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

Zacks' 2017 IPO Watch List                                                                                                                               

Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.

One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>