When it comes to finding the diamonds in the rough in today’s market, it’s worth exploring stocks with potential for serious growth. On February 8th, three stocks stood out as strong contenders for investors:
Textron Inc. (TXT)
Textron Inc. operates in aircraft, defense, industrial, and finance businesses and currently holds a Zacks Rank #1. In the past 60 days, the Zacks Consensus Estimate for its current year earnings has risen by 4.3%. The company boasts a PEG ratio of 1.22, outperforming the industry average of 2.04, and carries a solid Growth Score of B.
Royal Caribbean Cruises Ltd. (RCL)
Royal Caribbean Cruises Ltd. is a cruise company ranked at #1 by Zacks. Its Zacks Consensus Estimate for current year earnings has grown by 5.1% over the last 60 days. With a PEG ratio of 0.48, well below the industry’s 1.09, and a Growth Score of A, this company looks poised for significant growth.
Sanmina Corporation (SANM)
Sanmina Corporation, a manufacturing solutions provider, holds a Zacks Rank #1 and has seen a 2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days. With a PEG ratio of 0.78, compared to the industry’s 1.21, and a Growth Score of B, Sanmina is another stock worth watching closely.
If you’re hungry for more, check out the full list of top-ranked stocks and learn about the Growth Score