As the sun rises on the market horizon, three stocks stand tall with buy ranks and robust growth prospects, beckoning to shrewd investors on this fine day of March 13th:
Feast for the Bulls: Tyson Foods, Inc.
In the arena of sustenance, Tyson Foods, Inc. (TSN) emerges as a formidable contender. Sporting a Zacks Rank #1, this food giant has seen the Zacks Consensus Estimate for its current year earnings soar by a staggering 23.2% over the past 60 days.
Strength in Numbers
Tyson Foods boasts a PEG ratio of 0.44, outshining the industry’s 0.45. With a Growth Score of B, the company is primed for steady and calculated growth, appealing to the discerning investor’s palate.
Engineering Success: Powell Industries, Inc.
Navigating the complex landscape of custom-engineered equipment with finesse, Powell Industries, Inc. (POWL) commands attention. With a Zacks Rank #1, Powell has witnessed its Zacks Consensus Estimate for current year earnings escalate by an impressive 44.2% in the last 60 days.
Rising Above
Powell Industries displays a PEG ratio of 1.44, trumping the industry’s 1.66. Bolstered by a Growth Score of A, this company sets itself apart as a beacon of success in the competitive engineering sector.
Fashion Forward: Ralph Lauren Corporation
In the realm of lifestyle products, Ralph Lauren Corporation (RL) shines bright. Holding a Zacks Rank #1, Ralph Lauren has experienced a notable 8.5% surge in the Zacks Consensus Estimate for its current year earnings over the last two months.
Styling Success
Ralph Lauren Corporation presents a PEG ratio of 1.14, edging out the industry’s 1.42. With a Growth Score of A, Ralph Lauren epitomizes elegance in financial growth, attracting investors with a penchant for sophistication.
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Delve into the intricacies of the Growth score and unveil its mysteries here.
A Gem in the Rough:
Amidst the bustling market, a relatively obscure chemical company stands poised to double, much to the delight of investors. With a staggering 65% surge over the past year, combined with soaring 2022 earnings projections and a hefty $1.5 billion earmarked for share buybacks, this company presents an irresistible opportunity for retail investors seeking exponential growth possibilities.
This emerging star has the potential to outshine previous Zacks’ picks like Boston Beer Company, which skyrocketed by +143.0% in slightly over 9 months, and NVIDIA, witnessing a meteoric rise of +175.9% in a year’s span.
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