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Best Growth Stocks to Buy for August 4th
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 4:
Sanmina Corporation SANM: This global provider of electronics contract manufacturing services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.
Sanmina Corporation Price and Consensus
Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote
Sanmina has a PEG ratio of 0.57 compared with 0.91 for the industry. The company possesses a Growth Score of A.
NVIDIA Corporation NVDA: This provider of graphics, and compute and networking solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.
NVIDIA Corporation Price and Consensus
NVIDIA Corporation price-consensus-chart | NVIDIA Corporation Quote
NVIDIA has a PEG ratio of 0.38 compared with 0.70 for the industry. The company possesses a Growth Score of B.
PENN Entertainment, Inc. PENN: This operator of casinos, online sports betting, gaming, and integrated entertainment platforms carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.
PENN Entertainment, Inc. Price and Consensus
PENN Entertainment, Inc. price-consensus-chart | PENN Entertainment, Inc. Quote
PENN has a PEG ratio of 0.41 compared with 0.72 for the industry. The company possesses a Growth Score of A.
PENN Entertainment, Inc. PEG Ratio (TTM)
PENN Entertainment, Inc. peg-ratio-ttm | PENN Entertainment, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Growth score and how it is calculated here.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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NVIDIA Corporation (NVDA): Free Stock Analysis Report
Sanmina Corporation (SANM): Free Stock Analysis Report
PENN Entertainment, Inc. (PENN): Free Stock Analysis Report
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