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On October 27th, Zacks Investment Research highlighted three stocks with strong buy rankings and growth potential. Ultrapar Participacoes (UGP), a major Brazilian industrial group, has seen its earnings estimate increase by 33.3% over the last 60 days, holding a Zacks Rank of #1 (Strong Buy). The company has a PEG ratio of 2.01, outperforming its industry’s 2.63.
Urban Outfitters (URBN), a lifestyle specialty retailer, also carries a Zacks Rank of #1, with its earnings estimate increasing by 5.9% in the same period. It has a PEG ratio of 1.07, significantly lower than the industry’s 1.66.
Western Digital (WDC), a leading developer of data storage devices, retains a Zacks Rank of #1, with a recent earnings estimate increase of 2.6%. The company boasts a PEG ratio of 0.97, compared to the industry’s 2.27.
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