Here are three stocks with buy ranks and strong growth characteristics for investors to consider today July 11th:
Strattec Security STRT This company which designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.
Strattec Security has a PEG ratio of 1.36 compared with 4.23 for the industry. The company possesses a Growth Score of A.
Afya AFYA: This company which is a medical education group primarily in Brazil, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.
Afya has a PEG ratio of 0.54 compared with 0.84 for the industry. The company possesses a Growth Score of B.
Qifu Technology, Inc. QFIN: This Credit-Tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.
Qifu Technology has a PEG ratio of 0.53 compared with 1.83 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.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
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Strattec Security Corporation (STRT): Free Stock Analysis Report
Qifu Technology, Inc. (QFIN): Free Stock Analysis Report
Afya Limited (AFYA): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).