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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 16th:
United Rentals, Inc. (URI - Free Report) : This equipment rental company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 3% over the last 60 days.
QuinStreet, Inc. (QNST - Free Report) : This internet performance marketing company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.3% over the last 60 days.
Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 3.1% over the last 60 days.
Cadence Design Systems, Inc. (CDNS - Free Report) : This electronic design automation software provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 3.7% over the last 60 days.
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Top Ranked Growth Stocks to Buy for August 16th
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 16th:
United Rentals, Inc. (URI - Free Report) : This equipment rental company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 3% over the last 60 days.
United Rentals, Inc. Price and Consensus
United Rentals, Inc. price-consensus-chart | United Rentals, Inc. Quote
United Rentals has a PEG ratio 0.53, compared with 1.06 for the industry. The company possesses a Growth Score of A.
United Rentals, Inc. PEG Ratio (TTM)
United Rentals, Inc. peg-ratio-ttm | United Rentals, Inc. Quote
QuinStreet, Inc. (QNST - Free Report) : This internet performance marketing company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 14.3% over the last 60 days.
QuinStreet, Inc. Price and Consensus
QuinStreet, Inc. price-consensus-chart | QuinStreet, Inc. Quote
QuinStreet has a PEG ratio 0.89, compared with 1.29 for the industry. The company possesses a Growth Score of A.
QuinStreet, Inc. PEG Ratio (TTM)
QuinStreet, Inc. peg-ratio-ttm | QuinStreet, Inc. Quote
Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 3.1% over the last 60 days.
Patrick Industries, Inc. Price and Consensus
Patrick Industries, Inc. price-consensus-chart | Patrick Industries, Inc. Quote
Patrick Industries has a PEG ratio 1.03, compared with 1.06 for the industry. The company possesses a Growth Score of A.
Patrick Industries, Inc. PEG Ratio (TTM)
Patrick Industries, Inc. peg-ratio-ttm | Patrick Industries, Inc. Quote
Cadence Design Systems, Inc. (CDNS - Free Report) : This electronic design automation software provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 3.7% over the last 60 days.
Cadence Design Systems, Inc. Price and Consensus
Cadence Design Systems, Inc. price-consensus-chart | Cadence Design Systems, Inc. Quote
Cadence Design Systems has a PEG ratio 2.27, compared with 11.73 for the industry. The company possesses a Growth Score of A.
Cadence Design Systems, Inc. PEG Ratio (TTM)
Cadence Design Systems, Inc. peg-ratio-ttm | Cadence Design Systems, Inc. Quote
See the full list of top ranked stocks here
Learn more about the Growth score and how it is calculated here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>