Markets

Top Ranked Growth Stocks to Buy for September 23rd

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, September 23rd:

Hibbett Sports, Inc. (HIBB): This retailer of athletic-inspired fashion products carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 48.1% over the last 60 days.

Hibbett Sports, Inc. Price and Consensus

Hibbett Sports, Inc. Price and Consensus

Hibbett Sports, Inc. price-consensus-chart | Hibbett Sports, Inc. Quote

 

Hibbett Sports has a PEG ratio of 0.65, compared with 2.49 for the industry. The company possesses a Growth Score of A.

Hibbett Sports, Inc. PEG Ratio (TTM)

Hibbett Sports, Inc. PEG Ratio (TTM)

Hibbett Sports, Inc. peg-ratio-ttm | Hibbett Sports, Inc. Quote

 

Meritage Homes Corporation (MTH): This single-family homes builder carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

Meritage Homes Corporation Price and Consensus

Meritage Homes Corporation Price and Consensus

Meritage Homes Corporation price-consensus-chart | Meritage Homes Corporation Quote

 

Meritage Homes has a PEG ratio of 0.60, compared with 1.03 for the industry. The company possesses a Growth Score of A.

Meritage Homes Corporation PEG Ratio (TTM)

Meritage Homes Corporation PEG Ratio (TTM)

Meritage Homes Corporation peg-ratio-ttm | Meritage Homes Corporation Quote

 

Sanmina Corporation (SANM): This integrated manufacturing solutions, components, products and repair, logistics, and after-market services provider carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 43.7% over the last 60 days.

Sanmina Corporation Price and Consensus

Sanmina Corporation Price and Consensus

Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote

 

Sanmina Corp has a PEG ratio of 0.81, compared with 1.80 for the industry. The company possesses a Growth Score of B.

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation peg-ratio-ttm | Sanmina Corporation Quote

 

Lennar Corporation (LEN): This homebuilder carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.

Lennar Corporation Price and Consensus

Lennar Corporation Price and Consensus

Lennar Corporation price-consensus-chart | Lennar Corporation Quote

 

Lennar Corp has a PEG ratio of 0.93, compared with 1.03 for the industry. The company possesses a Growth Score of B.

Lennar Corporation PEG Ratio (TTM)

Lennar Corporation PEG Ratio (TTM)

Lennar Corporation peg-ratio-ttm | Lennar Corporation Quote

 

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


Click to get this free report

Sanmina Corporation (SANM): Free Stock Analysis Report

Meritage Homes Corporation (MTH): Free Stock Analysis Report

Lennar Corporation (LEN): Free Stock Analysis Report

Hibbett Sports, Inc. (HIBB): 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.

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More