Best Growth Stocks to Buy for August 12th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 12th:

Daktronics, Inc. DAKT: This electronic display systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.5% over the last 60 days.

Daktronics, Inc. Price and Consensus

Daktronics, Inc. Price and Consensus

Daktronics, Inc. price-consensus-chart | Daktronics, Inc. Quote

Daktronics has a PEG ratio of 0.41 compared with 0.42 for the industry. The company possesses a Growth Score  of B.

Daktronics, Inc. PEG Ratio (TTM)

Daktronics, Inc. PEG Ratio (TTM)

Daktronics, Inc. peg-ratio-ttm | Daktronics, Inc. Quote

Vertiv Holdings Co VRT: This critical digital infrastructure technologies company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Vertiv Holdings Co. Price and Consensus

Vertiv Holdings Co. Price and Consensus

Vertiv Holdings Co. price-consensus-chart | Vertiv Holdings Co. Quote

Vertiv has a PEG ratio of 0.93 compared with 3.60 for the industry. The company possesses a Growth Score of A.

Vertiv Holdings Co. PEG Ratio (TTM)

Vertiv Holdings Co. PEG Ratio (TTM)

Vertiv Holdings Co. peg-ratio-ttm | Vertiv Holdings Co. Quote

Royal Caribbean Cruises Ltd. RCL: This cruise-line company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Royal Caribbean Cruises Ltd. Price and Consensus

Royal Caribbean Cruises Ltd. Price and Consensus

Royal Caribbean Cruises Ltd. price-consensus-chart | Royal Caribbean Cruises Ltd. Quote

Royal Caribbean has a PEG ratio of 0.44 compared with 1.81 for the industry. The company possesses a Growth Score of A.

Royal Caribbean Cruises Ltd. PEG Ratio (TTM)

Royal Caribbean Cruises Ltd. PEG Ratio (TTM)

Royal Caribbean Cruises Ltd. peg-ratio-ttm | Royal Caribbean Cruises Ltd. Quote

 

See the full list of top ranked stocks here.

 

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

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report

Daktronics, Inc. (DAKT) : Free Stock Analysis Report

Vertiv Holdings Co. (VRT) : 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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