Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 2nd:
LATAM Airlines Group LTM: These company which offers domestic and international passenger and cargo air services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.
LATAM Airlines has a PEG ratio of 0.52 compared with 0.70 for the industry. The company possesses a Growth Score of A.
Herbalife Ltd HLF These global network marketing company which offers a range of science-based weight management products, nutritional supplements and personal care products intended to support weight loss and a healthy lifestyle, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.
Herbalife has a PEG ratio of 0.20 compared with 0.44 for the industry. The company possesses a Growth Score of B.
BGC Group, Inc. BGC: This brokerage and financial technology company which specializes in the brokerage of a broad range of products, including Fixed Income, Foreign Exchange, Equities, Energy and Commodities, Shipping and Futures, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.
BGC Group has a PEG ratio of 0.30 compared with 1.29 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.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
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.
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BGC Group, Inc. (BGC): Free Stock Analysis Report
Herbalife Ltd (HLF): Free Stock Analysis Report
LATAM Airlines Group S.A. (LTM): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).