Best Growth Stocks to Buy for March 13th

Photo of author

By Ronald Tech

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, March 13:

M-tron Industries, Inc. MPTI: This frequency control company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

M-tron Industries, Inc. Price and Consensus

M-tron Industries, Inc. Price and Consensus

M-tron Industries, Inc. price-consensus-chart | M-tron Industries, Inc. Quote

M-tron Industries has a PEG ratio of 0.52 compared with 1.20 for the industry. The company possesses a Growth Score of A.

M-tron Industries, Inc. PEG Ratio (TTM)

M-tron Industries, Inc. PEG Ratio (TTM)

M-tron Industries, Inc. peg-ratio-ttm | M-tron Industries, Inc. Quote

Dana Incorporated DAN: This vehicle and industrial energy solutions provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.1% over the last 60 days.

Dana Incorporated Price and Consensus

Dana Incorporated Price and Consensus

Dana Incorporated price-consensus-chart | Dana Incorporated Quote

Dana Incorporated has a PEG ratio of 0.45 compared with 1.79 for the industry. The company possesses a Growth Score of A.

Dana Incorporated PEG Ratio (TTM)

Dana Incorporated PEG Ratio (TTM)

Dana Incorporated peg-ratio-ttm | Dana Incorporated Quote

Sterling Infrastructure, Inc. STRL: This infrastructure and transportation solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14% over the last 60 days.

Sterling Infrastructure, Inc. Price and Consensus

Sterling Infrastructure, Inc. Price and Consensus

Sterling Infrastructure, Inc. price-consensus-chart | Sterling Infrastructure, Inc. Quote

Sterling Infrastructure has a PEG ratio of 1.05 compared with 1.20 for the industry. The company possesses a Growth Score of A.

Sterling Infrastructure, Inc. PEG Ratio (TTM)

Sterling Infrastructure, Inc. PEG Ratio (TTM)

Sterling Infrastructure, Inc. peg-ratio-ttm | Sterling Infrastructure, Inc. Quote

See also  Exploding the Myths: A Deep Dive into the Explosion-Proof Lighting Market The Evolution of Explosion-Proof Lighting

The realm of explosion-proof lighting has always stood at a curious crossroads, where safety meets innovation. These lighting fixtures aren't just about brightening up spaces; they are the unsung heroes guarding against potential disasters in hazardous environments.

Laying the Foundation: Market Overview

Certifications and standards are the building blocks of the explosion-proof lighting industry. From the stringent regulations set by organizations like Underwriters Laboratories (UL) in North America to the Equipment for Potentially Explosive Atmospheres (ATEX) standards in Europe, these benchmarks ensure that the lights shining in dangerous settings are anything but ordinary.

The Power Play: Key Factors Driving the Market

The oil & gas sector emerges as a towering force, propelling the demand for explosion-proof lighting. As industries worldwide tap into the earth's black gold, the need for safe and reliable lighting solutions in these volatile settings becomes paramount. Illuminating the way forward, these lights play a pivotal role in ensuring workforce safety and averting potential disasters.

Oil & Gas Industry Expansion:

The oil & gas industry isn't just about drilling wells; it's about lighting up the path to prosperity. With global demand for oil set to soar, companies are ramping up their capacities, beckoning the need for explosion-proof lighting to shine a light on safety. As behemoths like China National Petroleum Corporation and Saudi Aramco invest billions in exploration, the spotlight now falls on the critical role of explosion-proof lighting in sustaining this growth trajectory.

Workforce Safety Imperative:

Accidents in industrial settings sound the alarm for enhanced safety measures. From electrocution incidents in mines to gas leaks in pharmaceutical plants, the call for robust safety practices grows louder. Explosion-proof lighting emerges as the beacon of hope, ensuring that every corner of hazardous environments is well-illuminated, allowing workers to navigate their tasks with confidence. As fatalities spur action, the role of explosion-proof lighting in averting disasters gains newfound prominence.

Exploring the World of Explosion-Proof Lighting: Market Insights and Trends Exploring the World of Explosion-Proof Lighting: Market Insights and Trends

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. 

See them now >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Dana Incorporated (DAN) : Free Stock Analysis Report

Sterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report

M-tron Industries, Inc. (MPTI) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research