Best Growth Stocks to Buy for September 23rd
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 23rd:
KT Corporation KT: This telecommunications and platform services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.
KT has a PEG ratio of 0.13 compared with 0.32 for the industry. The company possesses a Growth Score of A.
Montrose Environmental Group, Inc. MEG: This environmental services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 103% over the last 60 days.
Montrose Environmental Group, Inc. Price and Consensus
Montrose Environmental Group, Inc. price-consensus-chart | Montrose Environmental Group, Inc. Quote
Montrose has a PEG ratio of 1.17 compared with 5.17 for the industry. The company possesses a Growth Score of A.
Montrose Environmental Group, Inc. PEG Ratio (TTM)
Montrose Environmental Group, Inc. peg-ratio-ttm | Montrose Environmental Group, Inc. Quote
UiPath Inc. PATH: This robotic process automation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.
UiPath has a PEG ratio of 0.76 compared with 1.22 for the industry. The company possesses a Growth Score of B.
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
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KT Corporation (KT): Free Stock Analysis Report
UiPath, Inc. (PATH): Free Stock Analysis Report
Montrose Environmental Group, Inc. (MEG): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
