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Top Stock Picks for the Week of Oct 15, 2018

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Planet Fitness (PLNT - Free Report) operates over 1500 health clubs in the United States where it charges just $10 a month for membership. It’s been growing quickly, with revenue expected to rise 26% in 2018. Earnings are also expected to grow by the double digits in both 2018 and 2019. It’s not a value stock, as it has a forward P/E of 40.9. This Zacks Rank #1 (Strong Buy) has soared 41% year-to-date.

PayPal Holdings, Inc. (PYPL - Free Report) is a financial services company which operates a digital payment platform with over 250 million users. The company is expected to grow revenue by 17% in 2018 and another 16% in 2019. Earnings are also expected to rise double digits in 2018, up 24%. This Zacks Rank #1 (Strong Buy) has seen its shares fall back in the past month. It’s a growth stock with shares trading at 33x.

Should these two companies be on your investing short list? Find out in this week’s video.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

In-Depth Zacks Research for the Tickers Above

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PayPal Holdings, Inc. (PYPL) - free report >>

Planet Fitness, Inc. (PLNT) - free report >>

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