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Best Growth Stocks to Buy for Dec.4


Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 4: 

The Allstate Corporation ALL: This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.3% over the last 60 days.

The Allstate Corporation has a PEG ratio of 0.39 compared with 1.71 for the industry. The company possesses a Growth Score of B.

Sanmina Corporation SANM: This global provider of electronics contract manufacturing services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

Sanmina Corporation has a PEG ratio of 0.64 compared with 1.81 for the industry. The company possesses a Growth Scoreof A.

Commercial Metals Company CMC: This steel manufacturing and recycling company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.4% over the last 60 days.

Commercial Metals Company has a PEG ratio of 0.42 compared with 0.71 for the industry. The company possesses a Growth Scoreof B.

See the full list of top ranked stocks here.

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

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The Allstate Corporation (ALL): Free Stock Analysis Report
 
Sanmina Corporation (SANM): Free Stock Analysis Report
 
Commercial Metals Company (CMC): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research


Source Zacks-com

At Zacks, we are dedicated to independent investment research, helping investors succeed through tools like our Zacks Rank stock-rating system, which has averaged +23.89% annual returns since 1988. Founded on the discovery that earnings estimate revisions drive stock prices, we offer purely mathematical, unbiased ratings, along with additional innovations like the Price Response Indicator, Earnings ESP, and specialized rankings for mutual funds and ETFs.
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