As Wall Street wakes up to a new dawn on January 10th, investors are on the prowl for high-growth potential. Keeping radar locked on emerging possibilities, here are three stocks that stand out amidst their peers for their growth trajectory and strong buy outlook:
EnerSys (ENS): This stored energy solutions company powers into the limelight with a prestigious Zacks Rank #1. Zooming in on its current year earnings reveals a robust uptick of 7.4% over the last 60 days according to the Zacks Consensus Estimate.
EnerSys Price and Consensus
Enersys price-consensus-chart | Enersys Quote
EnerSys boasts a PEG ratio of 0.86, contrasting sharply against the industry’s 1.67. It flaunts a Growth Score of B.
EnerSys PEG Ratio (TTM)
Enersys peg-ratio-ttm | Enersys Quote
Blackbaud, Inc. (BLKB): This cloud software solutions powerhouse, catering to educational institutions, takes center stage with a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings has seen a sturdy 1.1% surge over the last 60 days.
Blackbaud, Inc. Price and Consensus
Blackbaud, Inc. price-consensus-chart | Blackbaud, Inc. Quote
Blackbaud shines with a PEG ratio of 0.78, standing tall against the industry’s 2.16. It flaunts a Growth Score of A.
Blackbaud, Inc. PEG Ratio (TTM)
Blackbaud, Inc. peg-ratio-ttm | Blackbaud, Inc. Quote
MercadoLibre, Inc. (MELI): This e-commerce juggernaut storms ahead with a Zacks Rank #1. The Zacks Consensus Estimate for its current year earnings has leaped 4.4% over the past 60 days.
MercadoLibre, Inc. Price and Consensus
MercadoLibre, Inc. price-consensus-chart | MercadoLibre, Inc. Quote
MercadoLibre stands tall with a PEG ratio of 0.81, outshining the industry’s 1.29. It boasts a Growth Score of A.
MercadoLibre, Inc. PEG Ratio (TTM)
MercadoLibre, Inc. peg-ratio-ttm | MercadoLibre, Inc. Quote
For a comprehensive list of the top ranked stocks, take a gander here.
Unravel the Growth score and how it is calculated here.
7 Best Stocks for the Next 30 Days
Seven elite stocks have been handpicked by experts from the current list of 220 Zacks Rank #1 Strong Buys. These select tickers are indeed poised for early price pops. Since 1988, the complete list has outperformed the market by more than double, boasting an average gain of +24.0% per year. These are certainly deserving of immediate attention. Dive into these gems that can be found here.
Free Stock Analysis Report for Blackbaud, Inc. (BLKB)
Free Stock Analysis Report for EnerSys (ENS)
Free Stock Analysis Report for MercadoLibre, Inc. (MELI)
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
