Best Growth Stocks to Buy for May 1st

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 1:

PDD Holdings Inc. PDD: This e-commerce platform provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18% over the last 60 days.

PDD Holdings Inc. Price and Consensus

PDD Holdings Inc. Price and Consensus

PDD Holdings Inc. price-consensus-chart | PDD Holdings Inc. Quote

PDD Holdings has a PEG ratio of 0.30 comparedwith 0.60 for the industry. The company possesses a Growth Score of A.

PDD Holdings Inc. PEG Ratio (TTM)

PDD Holdings Inc. PEG Ratio (TTM)

PDD Holdings Inc. peg-ratio-ttm | PDD Holdings Inc. Quote

AZZ Inc. AZZ: This galvanizing and coil coating solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

AZZ Inc. Price and Consensus

AZZ Inc. Price and Consensus

AZZ Inc. price-consensus-chart | AZZ Inc. Quote

AZZ has a PEG ratio of 1.07 compared with 1.53 for the industry. The company possesses a Growth Score of B.

AZZ Inc. PEG Ratio (TTM)

AZZ Inc. PEG Ratio (TTM)

AZZ Inc. peg-ratio-ttm | AZZ Inc. Quote

Dycom Industries, Inc. DY: This specialty contracting company carries seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Dycom Industries, Inc. Price and Consensus

Dycom Industries, Inc. Price and Consensus

Dycom Industries, Inc. price-consensus-chart | Dycom Industries, Inc. Quote

Dycom Industries has a PEG ratio of 0.85 compared with 1.21 for the industry. The company possesses a Growth Score of A.

Dycom Industries, Inc. PEG Ratio (TTM)

Dycom Industries, Inc. PEG Ratio (TTM)

Dycom Industries, Inc. peg-ratio-ttm | Dycom Industries, Inc. Quote

See the full list of top ranked stocks here.

 

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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AZZ Inc. (AZZ) : Free Stock Analysis Report

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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.

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