Best Growth Stocks to Buy for Nov. 20th

Photo of author

By Ronald Tech

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today Nov. 20th:

Sanmina SANM: This company which is a global provider of electronics contract manufacturing services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

Sanmina Corporation Price and Consensus

Sanmina Corporation Price and Consensus

Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote

Sanmina has a PEG ratio of 0.64 compared with 1.83 for the industry. The company possesses a Growth Score of A.

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation peg-ratio-ttm | Sanmina Corporation Quote

Great Lakes Dredge & Dock GLDD: This company, which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

Great Lakes Dredge & Dock Corporation Price and Consensus

Great Lakes Dredge & Dock Corporation Price and Consensus

Great Lakes Dredge & Dock Corporation price-consensus-chart | Great Lakes Dredge & Dock Corporation Quote

Great Lakes Dredge & Dock has a PEG ratio of 0.90 compared with 2.55 for the industry. The company possesses a Growth Score of A.

Great Lakes Dredge & Dock Corporation PEG Ratio (TTM)

Great Lakes Dredge & Dock Corporation PEG Ratio (TTM)

Great Lakes Dredge & Dock Corporation peg-ratio-ttm | Great Lakes Dredge & Dock Corporation Quote

Allstate ALL: This company which is the third-largest property-casualty (P&C) insurer and the largest publicly-held personal lines carrier in the U.S., carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26% over the last 60 days.

See also  Dismal Projections vs. Blooming Realities: A Contrarian's Tale Dismal Projections vs. Blooming Realities: A Contrarian's Tale

The Allstate Corporation Price and Consensus

The Allstate Corporation Price and Consensus

The Allstate Corporation price-consensus-chart | The Allstate Corporation Quote

Allstate has a PEG ratio of 0.41 compared with 1.60 for the industry. The company possesses a Growth Score of B.

The Allstate Corporation PEG Ratio (TTM)

The Allstate Corporation PEG Ratio (TTM)

The Allstate Corporation peg-ratio-ttm | The Allstate Corporation Quote

 

See the full list of top ranked stocks here.

 

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

Zacks’ Research Chief Names “Stock Most Likely to Double”

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company’s customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Free: See Our Top Stock And 4 Runners Up

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

The Allstate Corporation (ALL) : Free Stock Analysis Report

Sanmina Corporation (SANM) : Free Stock Analysis Report

Great Lakes Dredge & Dock Corporation (GLDD) : Free Stock Analysis Report

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

Zacks Investment Research