Today, discerning investors seeking promising opportunities should focus on stocks with strong growth characteristics. Here are three stocks worth considering on July 19th:
Amazon.com (AMZN) – This e-commerce juggernaut boasts a Zacks Rank #1 (Strong Buy) and has seen its Zacks Consensus Estimate for current-year earnings rise by 0.9% over the past 60 days.
Amazon.com, Inc. Price and Consensus
With a PEG ratio of 1.35, significantly lower than the industry average of 3.13, Amazon.com holds a Growth Score of A.
Amazon.com, Inc. PEG Ratio (TTM)
Eldorado Gold (EGO) – This gold producing and exploration company carries a Zacks Rank #1 and has witnessed a 3.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days.
Eldorado Gold Corporation Price and Consensus
With a PEG ratio of 0.29 compared with the industry’s 0.34, Eldorado Gold boasts a Growth Score of B.
Eldorado Gold Corporation PEG Ratio (TTM)
PDD Holdings Inc. (PDD) – This company provides an e-commerce platform for group buying deals through Tencent’s WeChat app. PDD holds a Zacks Rank #1 and has seen the Zacks Consensus Estimate for its current year earnings surge by 45.5% in the last 60 days.
PDD Holdings Inc. Sponsored ADR Price and Consensus
With a PEG ratio of 0.21, well below the industry average of 2.09, PDD Holdings boasts a Growth Score of B.
PDD Holdings Inc. Sponsored ADR PEG Ratio (TTM)
For a more comprehensive list of top-ranked stocks, check out here.
Get insights and analysis on the Growth Score calculation here.
Infrastructure Stock Boom to Sweep America
A monumental effort to revamp U.S. infrastructure is on the horizon – bipartisan, essential, and imminent. A colossal wave of spending looms large, heralding fortunes for savvy investors.
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For detailed stock analysis reports:
- Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
- Eldorado Gold Corporation (EGO) : Free Stock Analysis Report
- PDD Holdings Inc. Sponsored ADR (PDD) : Free Stock Analysis Report
Explore further at Zacks Investment Research