Investors seeking robust growth opportunities should keenly eye the following three stocks as of September 30th:
Powell Industries, Inc. (POWL): This bespoke equipment maker shines brightly with a Zacks Rank #1, boasting a remarkable 32.9% surge in the Zacks Consensus Estimate for its current year earnings across the last 60 days.
Opulent Growth Numbers for Powell Industries, Inc.
Powell Industries flaunts a PEG ratio of 1.30 — outshining the industry’s 1.56. With a Growth Score of B under its belt, the company is positioned for potential growth.
Revelation Beyond Figures
The Progressive Corporation (PGR): Standing tall as an insurance powerhouse, this company holds a prestigious Zacks Rank #1, demonstrating an 8.3% surge in the Zacks Consensus Estimate for its current year earnings over the past 60 days.
Seizing Opportunities with The Progressive Corporation
The Progressive Corporation exhibits a stellar PEG ratio of 0.70 — a notable deviation from the industry’s 1.36. Boasting a Growth Score of B, the company exudes growth potential.
Road to Prosperity
Sterling Infrastructure, Inc. (STRL): This stalwart in infrastructure and solutions holds a Zacks Rank #1, with its Zacks Consensus Estimate for current year earnings observing a healthy 7.8% upsurge over the last 60 days.
The Promise of Sterling Infrastructure, Inc.
Sterling Infrastructure glows with a PEG ratio of 1.69, surpassing the industry standard of 1.81. Backed by a Growth Score of A, the company is geared up for further expansion.
For a comprehensive list of top-ranking stocks, you can peruse through this detailed compilation.
To delve deeper into understanding the Growth Score and its calculations, you can find more information here.
Zacks Unveils #1 Semiconductor Stock
A mere fraction of the titan NVIDIA, this semiconductor gem surged over 800% post-recommendation. While NVIDIA remains solid, this new semiconductor standout holds immense potential for growth.
With robust earnings escalation and an ever-expanding clientele, it stands poised to cater to the surging demands for Artificial Intelligence, Machine Learning, and the Internet of Things. Forecasts paint a striking picture – global semiconductor production is expected to surge from $452 billion in 2021 to a whopping $803 billion by the year 2028.
Witness This Stock’s Potential Now for Free >>
The Progressive Corporation (PGR) : Free Stock Analysis Report
Sterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report
Powell Industries, Inc. (POWL) : Free Stock Analysis Report
For more insights, you can read the full article on Zacks.com by clicking here.