Best Growth Stocks to Buy for Dec.1
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 1:
Alarm.com Holdings, Inc. ALRM: This IoT and solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.
Alarm.com Holdings has a PEG ratio of 1.63 compared with 3.18 for the industry. The company possesses a Growth Score of B.
Micron Technology, Inc. MU: This semiconductor company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.
Alarm.com Holdings has a PEG ratio of 0.48 compared with 1.41 for the industry. The company possesses a Growth Scoreof B.
Great Lakes Dredge & Dock Corporation GLDD: This dredging services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.
Great Lakes Dredge & Dock Corporation has a PEG ratio of 0.97 compared with 2.81 for the industry. The company possesses a Growth Scoreof A.
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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Micron Technology, Inc. (MU): Free Stock Analysis Report
Great Lakes Dredge & Dock Corporation (GLDD): Free Stock Analysis Report
Alarm.com Holdings, Inc. (ALRM): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Source Zacks-com


