Markets

Top Ranked Growth Stocks to Buy for October 20th

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 20th:

Cambium Networks Corporation (CMBM): This provider of broadband networking infrastructure products and solutions, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

Cambium Networks Corporation Price and Consensus

Cambium Networks Corporation Price and Consensus

Cambium Networks Corporation price-consensus-chart | Cambium Networks Corporation Quote

Cambium Networks has a PEG ratio of 1.90, compared with 2.76 for the industry. The company possesses a Growth Score of A.

Cambium Networks Corporation PEG Ratio (TTM)

Cambium Networks Corporation PEG Ratio (TTM)

Cambium Networks Corporation peg-ratio-ttm | Cambium Networks Corporation Quote

Asbury Automotive Group, Inc. (ABG): This automotive retailer which carries a Zacks Rank #1 has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

Asbury Automotive Group, Inc. Price and Consensus

Asbury Automotive Group, Inc. Price and Consensus

Asbury Automotive Group, Inc. price-consensus-chart | Asbury Automotive Group, Inc. Quote

Asbury Automotive has a PEG ratio of 0.54, compared with 0.79 for the industry. The company possesses a Growth Score of A.

Asbury Automotive Group, Inc. PEG Ratio (TTM)

Asbury Automotive Group, Inc. PEG Ratio (TTM)

Asbury Automotive Group, Inc. peg-ratio-ttm | Asbury Automotive Group, Inc. Quote

M.D.C. Holdings, Inc. (MDC): This company that is engaged in homebuilding and financial service businesses, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

M.D.C. Holdings, Inc. Price and Consensus

M.D.C. Holdings, Inc. Price and Consensus

M.D.C. Holdings, Inc. price-consensus-chart | M.D.C. Holdings, Inc. Quote

MDC has a PEG ratio of 0.72, compared with 0.95 for the industry. The company possesses a Growth Score of B.

M.D.C. Holdings, Inc. PEG Ratio (TTM)

M.D.C. Holdings, Inc. PEG Ratio (TTM)

M.D.C. Holdings, Inc. peg-ratio-ttm | M.D.C. Holdings, Inc. Quote

Copart, Inc. (CPRT): This provider of online auctions and vehicle remarketing services, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Copart, Inc. Price and Consensus

Copart, Inc. Price and Consensus

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

Copart has a PEG ratio of 3.08, compared with 3.23 for the industry. The company possesses a Growth Score of B.

Copart, Inc. PEG Ratio (TTM)

Copart, Inc. PEG Ratio (TTM)

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

See the full list of top ranked stocks here

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

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


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
 
M.D.C. Holdings, Inc. (MDC): Free Stock Analysis Report
 
Copart, Inc. (CPRT): Free Stock Analysis Report
 
Cambium Networks Corporation (CMBM): Free Stock Analysis Report
 
Asbury Automotive Group, Inc. (ABG): 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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