Best Growth Stocks to Buy for October 10th

Photo of author

By Ronald Tech

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 10th:

JD.com JD: This company which operates as an online direct sales company in China, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.1% over the last 60 days.

JD.com, Inc. Price and Consensus

JD.com, Inc. Price and Consensus

JD.com, Inc. price-consensus-chart | JD.com, Inc. Quote

JD.com has a PEG ratio of 0.61 compared with 3.28 for the industry. The company possesses a Growth Score of A.

JD.com, Inc. PEG Ratio (TTM)

JD.com, Inc. PEG Ratio (TTM)

JD.com, Inc. peg-ratio-ttm | JD.com, Inc. Quote

ZIM Integrated Shipping Services ZIM: This company provides container shipping and related services, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 224.3% over the last 60 days.

ZIM Integrated Shipping Services Ltd. Price and Consensus

ZIM Integrated Shipping Services Ltd. Price and Consensus

ZIM Integrated Shipping Services Ltd. price-consensus-chart | ZIM Integrated Shipping Services Ltd. Quote

ZIM Integrated Shipping Services has a PEG ratio of 0.03 compared with 0.39 for the industry. The company possesses a Growth Score of B.

ZIM Integrated Shipping Services Ltd. PEG Ratio (TTM)

ZIM Integrated Shipping Services Ltd. PEG Ratio (TTM)

ZIM Integrated Shipping Services Ltd. peg-ratio-ttm | ZIM Integrated Shipping Services Ltd. Quote

The Progressive PGR: This company which is one of the major auto insurers in the country, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.8% over the last 60 days.

The Progressive Corporation Price and Consensus

The Progressive Corporation Price and Consensus

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

The Progressive has a PEG ratio of 0.69 compared with 1.34 for the industry. The company possesses a Growth Score of B.

See also  Analysis of GSI Technology Inc.'s Q2 Performance GSI Technology Grapples With Q2 Loss and Shrinking Margins Amidst Market Shifts

The Progressive Corporation PEG Ratio (TTM)

The Progressive Corporation PEG Ratio (TTM)

The Progressive Corporation peg-ratio-ttm | The Progressive 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 among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. 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.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

The Progressive Corporation (PGR) : Free Stock Analysis Report

JD.com, Inc. (JD) : Free Stock Analysis Report

ZIM Integrated Shipping Services Ltd. (ZIM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research