Three Stocks to Consider Based on Strong Growth Potential

Investors looking for promising stocks to add to their portfolios should consider these three options, all showcasing strong growth characteristics as of April 24.

Option Care Health, Inc. (OPCH)

Option Care Health, Inc. operates in the home and alternate site infusion services sector. This company holds a Zacks Rank #1 and has had its earnings estimate for the current year rise by 33.3% over the last 60 days.

Price and Consensus for Option Care Health, Inc.

Option Care Health, Inc. price-consensus-chart | Option Care Health, Inc. Quote

Currently, Option Care Health features a PEG ratio of 1.75, which is notably lower than the industry’s average of 2.29. The company has received a Growth Score of B.

PEG Ratio for Option Care Health, Inc. (TTM)

Option Care Health, Inc. peg-ratio-ttm | Option Care Health, Inc. Quote

CommScope Holding Company, Inc. (COMM)

CommScope Holding Company, Inc. specializes in infrastructure solutions for communication, data centers, and entertainment networks. It also boasts a Zacks Rank #1, with the Zacks Consensus Estimate for its current year’s earnings climbing 56.1% in the last two months.

Price and Consensus for CommScope Holding Company, Inc.

CommScope Holding Company, Inc. price-consensus-chart | CommScope Holding Company, Inc. Quote

CommScope features a PEG ratio of 0.19, significantly lower than the industry norm of 0.79. This company has earned a Growth Score of A.

PEG Ratio for CommScope Holding Company, Inc. (TTM)

CommScope Holding Company, Inc. peg-ratio-ttm | CommScope Holding Company, Inc. Quote

JD.com, Inc. (JD)

JD.com operates as an online direct sales company in China. It holds a Zacks Rank #1 and has seen its earnings estimate for the current year increase by 6.3% in the past 60 days.

Price and Consensus for JD.com, Inc.

JD.com, Inc. price-consensus-chart | JD.com, Inc. Quote

JD.com boasts a PEG ratio of 0.22, compared to 0.48 for the industry. It is also rated with a Growth Score of B.

PEG Ratio for JD.com, Inc. (TTM)

JD.com, Inc. peg-ratio-ttm | JD.com, Inc. Quote

For a comprehensive overview, check the full list of top-ranked stocks here.

Global Semiconductor Market Projections

The global semiconductor manufacturing sector is anticipated to grow significantly, from $452 billion in 2021 to an estimated $803 billion by 2028, driven by increasing demand in areas like Artificial Intelligence, Machine Learning, and the Internet of Things.