HomeMost PopularTech StocksBest Growth Stocks to Buy for January 8th

Best Growth Stocks to Buy for January 8th

Actionable Trade Ideas

always free

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 8th:

MercadoLibre, Inc. MELI: This e-commerce company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.4% over the last 60 days.

MercadoLibre, Inc. Price and Consensus

MercadoLibre, Inc. Price and Consensus

MercadoLibre, Inc. price-consensus-chart | MercadoLibre, Inc. Quote

MercadoLibre has a PEG ratio of 0.79 compared with 1.25 for the industry. The company possesses a Growth Score  of A.

MercadoLibre, Inc. PEG Ratio (TTM)

MercadoLibre, Inc. PEG Ratio (TTM)

MercadoLibre, Inc. peg-ratio-ttm | MercadoLibre, Inc. Quote

TIM S.A. TIMB: This telecommunications company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.

TIM S.A. Sponsored ADR Price and Consensus

TIM S.A. Sponsored ADR Price and Consensus

TIM S.A. Sponsored ADR price-consensus-chart | TIM S.A. Sponsored ADR Quote

TIM has a PEG ratio of 0.61 compared with 0.97 for the industry. The company possesses a Growth Score of B.

TIM S.A. Sponsored ADR PEG Ratio (TTM)

TIM S.A. Sponsored ADR PEG Ratio (TTM)

TIM S.A. Sponsored ADR peg-ratio-ttm | TIM S.A. Sponsored ADR Quote

Everbridge, Inc. EVBG: This software company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

Everbridge, Inc. Price and Consensus

Everbridge, Inc. Price and Consensus

Everbridge, Inc. price-consensus-chart | Everbridge, Inc. Quote

Everbridge has a PEG ratio of 0.24 compared with 0.38 for the industry. The company possesses a Growth Score of A.

Everbridge, Inc. PEG Ratio (TTM)

Everbridge, Inc. PEG Ratio (TTM)

Everbridge, Inc. peg-ratio-ttm | Everbridge, Inc. Quote

 

See the full list of top ranked stocks here.

 

Learn more about the Growth score and how it is calculated here.

Just Released: Zacks Top 10 Stocks for 2024

Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.

See New Top 10 Stocks >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

MercadoLibre, Inc. (MELI) : Free Stock Analysis Report

Everbridge, Inc. (EVBG) : Free Stock Analysis Report

TIM S.A. Sponsored ADR (TIMB) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.