Investors seeking to ride the wave of success should set their sights on three top growth stocks as of March 20th:
Power Industries (POWL): This company is akin to a robust fortress, a strategic supplier that stands out for its highly complex and integrated systems for the distribution and control of electrical energy and essential processes. With a Zacks Rank #1 (Strong Buy), Powell Industries has seen its Zacks Consensus Estimate for current-year earnings surge by an impressive 44.2% in the past 60 days.
The Apple Inc. Phenomenon
Apple Inc. price-consensus-chart | Apple Inc. Quote
Powell Industries boasts a PEG ratio of 1.46, outstripping the industry’s 1.67. The company shines with a coveted Growth Score of A.
Empowering Success: Ultrapar Participacoes
Ultrapar Participacoes (UGP): This Brazilian industrial bigwig emerges as a key player, one of the largest distributors of liquefied petroleum gas in Brazil, coupled with a significant role as a prominent producer of petrochemicals and chemicals. With a Zacks Rank #1, Ultrapar Participacoes has witnessed a remarkable 28.0% surge in the Zacks Consensus Estimate for its current-year earnings over the previous 60 days.
Embracing Growth with Ultrapar Participacoes
Ultrapar Participacoes S.A. price-consensus-chart | Ultrapar Participacoes S.A. Quote
Ultrapar Participacoes showcases a PEG ratio of 3.56, outshining the industry’s 3.76, while flaunting a mesmerizing Growth Score of A.
Building the Future with AZEK
AZEK: This company stands as a beacon in the realm of manufacturing residential and commercial building products. With a Zacks Rank #1, AZEK has experienced a noteworthy upsurge of 21.1% in the Zacks Consensus Estimate for its current-year earnings over the prior 60 days.
Charting Success with The AZEK Company Inc.
The AZEK Company Inc. price-consensus-chart | The AZEK Company Inc. Quote
AZEK reveals a PEG ratio of 1.41, surpassing the industry’s 2.15, with a commendable Growth Score of B.
For the full list of top-ranked stocks, check here.
Merge into the details of the Growth score calculation to deepen your insight.
Zacks Names #1 Semiconductor Stock
Take hold of a stock that may be diminutive compared to NVIDIA but carries vast potential, just waiting to explode in growth. With soaring earnings and a widening clientele base, this gem is poised to cater to the insatiable hunger for Artificial Intelligence, Machine Learning, and the Internet of Things. The global semiconductor industry, forecasted to leap from $452 billion in 2021 to a staggering $803 billion by 2028, holds immense promise for investors.
Discover this Stock Now for Free >>
Seek the latest insights from Zacks Investment Research? Download 7 Best Stocks for the Next 30 Days.
Uncover the Free Stock Analysis Report for Ultrapar Participacoes S.A. (UGP)
Explore the Free Stock Analysis Report for Powell Industries, Inc. (POWL)
Dive into the Free Stock Analysis Report for The AZEK Company Inc. (AZEK)
Read the insightful article on Zacks.com here.
Explore more with Zacks Investment Research
Please note, the viewpoints expressed are solely those of the author and may not necessarily align with those of Nasdaq, Inc.
