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Finding companies with the criteria you want isn’t always easy. You could spend hours searching ticker after ticker, only to find companies which aren’t worthy of your hard earned cash. An easier way to navigate through this is by using high quality stock screeners. Screening helps investors narrow down companies to invest in based on their ability to meet every criteria selected. Any company who misses even one of the criteria requirements will be filtered out.
This lets one easily choose ideal metrics. Screens are effective because they sift out bad stocks and only keep the cream of the crop in. It isn’t always easy to create an effective screen. Our Zacks Premium Screens have helped with this, bringing profits to many investors over time. Our predefined criteria are chosen carefully to capture special kinds of companies.
Today, we’ve dug up three growth stocks using one of our premium screens known as “Top Ranked Growth Stocks on the Move”. Some of the metrics of this screen requires a stock to have a growth score of “B” or better in our Style Scores, a Zacks Industry Rank within the top half of all industries, and a positive EPS surprise on our consensus estimate last quarter. One other screening criterion I’ve added is a price-to-sales (P/S) under one. When a company’s P/S is below this threshold, there is a strong chance that there is value present.
Berry Plastics manufactures and markets plastic packaging products and engineered materials. The company’s segments include Rigid Packaging, Engineered Materials, and Flexible Packaging. BERY stock is a Zacks Rank #1 (Strong Buy) and it has a “B” for both value and growth in our Style Scores. The company has a PEG of 0.98 and a price-to-sales of 0.81, so it does not look to expensive by any means. In fact, at these valuation levels, the stock looks like it may be selling at a bargain.
Berry looks like a solid investment candidate from a growth perspective. Its sales growth did taper off last year, but the company is looking to find growth once again as revenues are forecasted to grow by 33.79% this year. EPS is projected to grow by 29% in 2016, and this blows the industry’s expected earnings growth of 5.75% out of the water. The company is leveraged, but it has done well in improving its balance sheet in recent history. BERY beat our EPS consensus estimate by 36.67% last quarter, posting earnings of $0.82 per share.
MarineMax is a recreational boat and yacht dealer which operates in the United States. The company sells new and used recreational boats and fishing boats with a focus on premium brands in each segment. MarineMax is a Zacks Rank #2 (Buy) and it has an “A” in growth, value, and momentum in our Style Scores. With a PE of 22.63, the company’s stock may appear as though it is selling on a premium, but the PEG of 0.75 justifies the current price-to-earnings ratio. MarineMax’s price-to-sales is especially low at just 0.57, so this retailer looks especially attractive from a valuation standpoint.
Over each of the last five years, MarineMax has seen impressive sales growth, with sales growing by 20% last year. This year looks like another momentous one for HZO, as sales are expected to pick up by 22.82% in 2016. The bottom line (net income) is forecasted to see significant growth in 2016 as well, with EPS projected to increase by 17.4%. It is possible that the company will surpass this level of earnings growth since it has consistently beaten our EPS consensus in each of the last four quarters. Over that time span, MarineMax has beaten our estimate by an average of 78.94% per quarter.
Trinseo is a global materials company that manufactures plastics, latex, and rubber. Their technology is used by industries such as home appliances, automotive, building & construction, carpet, consumer electronics, and more. TSE stock is a Zacks Rank #1 (Strong Buy) and it gets a grade of “A” for value in our Style Scores. It’s worth noting that the company doles out a 2.15% dividend. Trinseo may very well be the cheapest stock to buy in this article, as it trades at a forward PE of 7.86. The PEG and price-to-sales ratios are also quite low at just 1.37 and 0.68 respectively.
TSE’s stock price has nearly doubled so far through 2016, but the company is still cheap relative to its earnings expectations. Trinseo experienced a 22.5% sales decline last year, so it will have to address this issue as it goes forward. In spite of the lagging sales numbers though, earnings are expected to increase this year, with EPS forecasted to grow by 54.34%. Trinseo beat our EPS consensus estimate by a whopping 39.39% last quarter, and hopefully it will continue to surprise when it posts its quarterly earnings results in early November.
One magical screening ingredient which can’t be overlooked is a Zacks Rank #2 (Buy) or better. The rank helps to find companies which look like dependable earnings candidates. In addition to this great metric, the Zacks Premium Screenshelp you to add other criteria to find the most superior investment choices. While this article outlined potential candidates from one screen, the Zacks Premium service gives you access to the Top Ranked Growth Stocks on the Move and 45 other premium screens designed to give you superior investment returns.
To use Zacks Premium Screens to find more stock picks based on criteria that’s most important to you— plus, gain access to the Zacks Rank for your stocks, mutual funds and ETFs; Zacks Style Scores, Equity Research Reports; Focus List portfolio of 50-longer-term stocks and more—start your 30-day free trial to Zacks Premium.
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3 Cheap Growth Stocks Built for Huge Returns
Finding companies with the criteria you want isn’t always easy. You could spend hours searching ticker after ticker, only to find companies which aren’t worthy of your hard earned cash. An easier way to navigate through this is by using high quality stock screeners. Screening helps investors narrow down companies to invest in based on their ability to meet every criteria selected. Any company who misses even one of the criteria requirements will be filtered out.
This lets one easily choose ideal metrics. Screens are effective because they sift out bad stocks and only keep the cream of the crop in. It isn’t always easy to create an effective screen. Our Zacks Premium Screens have helped with this, bringing profits to many investors over time. Our predefined criteria are chosen carefully to capture special kinds of companies.
Today, we’ve dug up three growth stocks using one of our premium screens known as “Top Ranked Growth Stocks on the Move”. Some of the metrics of this screen requires a stock to have a growth score of “B” or better in our Style Scores, a Zacks Industry Rank within the top half of all industries, and a positive EPS surprise on our consensus estimate last quarter. One other screening criterion I’ve added is a price-to-sales (P/S) under one. When a company’s P/S is below this threshold, there is a strong chance that there is value present.
Berry Plastics Group Inc-(BERY - Free Report)
Berry Plastics manufactures and markets plastic packaging products and engineered materials. The company’s segments include Rigid Packaging, Engineered Materials, and Flexible Packaging. BERY stock is a Zacks Rank #1 (Strong Buy) and it has a “B” for both value and growth in our Style Scores. The company has a PEG of 0.98 and a price-to-sales of 0.81, so it does not look to expensive by any means. In fact, at these valuation levels, the stock looks like it may be selling at a bargain.
Berry looks like a solid investment candidate from a growth perspective. Its sales growth did taper off last year, but the company is looking to find growth once again as revenues are forecasted to grow by 33.79% this year. EPS is projected to grow by 29% in 2016, and this blows the industry’s expected earnings growth of 5.75% out of the water. The company is leveraged, but it has done well in improving its balance sheet in recent history. BERY beat our EPS consensus estimate by 36.67% last quarter, posting earnings of $0.82 per share.
BERRY PLASTICS EPS Diluted (TTM)
BERRY PLASTICS EPS Diluted (TTM) | BERRY PLASTICS Quote
MarineMax Inc-(HZO - Free Report)
MarineMax is a recreational boat and yacht dealer which operates in the United States. The company sells new and used recreational boats and fishing boats with a focus on premium brands in each segment. MarineMax is a Zacks Rank #2 (Buy) and it has an “A” in growth, value, and momentum in our Style Scores. With a PE of 22.63, the company’s stock may appear as though it is selling on a premium, but the PEG of 0.75 justifies the current price-to-earnings ratio. MarineMax’s price-to-sales is especially low at just 0.57, so this retailer looks especially attractive from a valuation standpoint.
Over each of the last five years, MarineMax has seen impressive sales growth, with sales growing by 20% last year. This year looks like another momentous one for HZO, as sales are expected to pick up by 22.82% in 2016. The bottom line (net income) is forecasted to see significant growth in 2016 as well, with EPS projected to increase by 17.4%. It is possible that the company will surpass this level of earnings growth since it has consistently beaten our EPS consensus in each of the last four quarters. Over that time span, MarineMax has beaten our estimate by an average of 78.94% per quarter.
MARINEMAX INC Revenue (Quarterly)
MARINEMAX INC Revenue (Quarterly) | MARINEMAX INC Quote
Trinseo S.A-(TSE - Free Report)
Trinseo is a global materials company that manufactures plastics, latex, and rubber. Their technology is used by industries such as home appliances, automotive, building & construction, carpet, consumer electronics, and more. TSE stock is a Zacks Rank #1 (Strong Buy) and it gets a grade of “A” for value in our Style Scores. It’s worth noting that the company doles out a 2.15% dividend. Trinseo may very well be the cheapest stock to buy in this article, as it trades at a forward PE of 7.86. The PEG and price-to-sales ratios are also quite low at just 1.37 and 0.68 respectively.
TSE’s stock price has nearly doubled so far through 2016, but the company is still cheap relative to its earnings expectations. Trinseo experienced a 22.5% sales decline last year, so it will have to address this issue as it goes forward. In spite of the lagging sales numbers though, earnings are expected to increase this year, with EPS forecasted to grow by 54.34%. Trinseo beat our EPS consensus estimate by a whopping 39.39% last quarter, and hopefully it will continue to surprise when it posts its quarterly earnings results in early November.
TRINSEO SA EPS Diluted (Quarterly)
TRINSEO SA EPS Diluted (Quarterly) | TRINSEO SA Quote
Bottom Line
One magical screening ingredient which can’t be overlooked is a Zacks Rank #2 (Buy) or better. The rank helps to find companies which look like dependable earnings candidates. In addition to this great metric, the Zacks Premium Screenshelp you to add other criteria to find the most superior investment choices. While this article outlined potential candidates from one screen, the Zacks Premium service gives you access to the Top Ranked Growth Stocks on the Move and 45 other premium screens designed to give you superior investment returns.
To use Zacks Premium Screens to find more stock picks based on criteria that’s most important to you— plus, gain access to the Zacks Rank for your stocks, mutual funds and ETFs; Zacks Style Scores, Equity Research Reports; Focus List portfolio of 50-longer-term stocks and more—start your 30-day free trial to Zacks Premium.