**Investors Eye Growth Stocks with Strong Earnings Estimates as of December 26**
Ciena Corporation (CIEN) has garnered a Zacks Rank #1, with a consensus earnings estimate rising 18.1% over the past 60 days. The company boasts a PEG ratio of 1.12, significantly lower than the industry average of 5.21, indicating strong growth potential.
Alarm.com Holdings, Inc. (ALRM), also carrying a Zacks Rank #1, has seen its earnings estimate increase by 5.5% in the same timeframe. Its PEG ratio stands at 1.63 compared to the industry’s 2.92, reflecting solid growth characteristics.
Great Lakes Dredge & Dock Corporation (GLDD) maintains a Zacks Rank #1, with a 6.9% increase in earnings estimates over the last 60 days. Its PEG ratio is 1.03, well below the industry average of 3.09, showcasing its potential for growth.
