Best Growth Stocks to Buy for August 20th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 20:

Norwegian Cruise Line Holdings Ltd. NCLH: This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

Norwegian Cruise Line Holdings Ltd. Price and Consensus

Norwegian Cruise Line Holdings Ltd. Price and Consensus

Norwegian Cruise Line Holdings Ltd. price-consensus-chart | Norwegian Cruise Line Holdings Ltd. Quote

Norwegian Cruise Line has a PEG ratio of 0.20 compared with 1.86 for the industry. The company possesses a Growth Score of A.

Norwegian Cruise Line Holdings Ltd. PEG Ratio (TTM)

Norwegian Cruise Line Holdings Ltd. PEG Ratio (TTM)

Norwegian Cruise Line Holdings Ltd. peg-ratio-ttm | Norwegian Cruise Line Holdings Ltd. Quote

SharkNinja, Inc. SN: This product design and technology company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

SharkNinja, Inc. Price and Consensus

SharkNinja, Inc. Price and Consensus

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

SharkNinja has a PEG ratio of 1.23 compared with 1.27 for the industry. The company possesses a Growth Score of B.

SharkNinja, Inc. PEG Ratio (TTM)

SharkNinja, Inc. PEG Ratio (TTM)

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

Powell Industries, Inc. POWL: This custom equipment manufacturer carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.9% over the last 60 days.

Powell Industries, Inc. Price and Consensus

Powell Industries, Inc. Price and Consensus

Powell Industries, Inc. price-consensus-chart | Powell Industries, Inc. Quote

Powell Industries has a PEG ratio of 1.00 compared with 1.43 for the industry. The company possesses a Growth Score of B.

Powell Industries, Inc. PEG Ratio (TTM)

Powell Industries, Inc. PEG Ratio (TTM)

Powell Industries, Inc. peg-ratio-ttm | Powell Industries, Inc. Quote

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.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

SharkNinja, Inc. (SN) : Free Stock Analysis Report

Norwegian Cruise Line Holdings Ltd. (NCLH) : Free Stock Analysis Report

Powell Industries, Inc. (POWL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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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