Here are three stocks with buy ranks and strong growth characteristics for investors to consider today July 31st:
Sanmina SANM: This company, which is a global provider of electronics contract manufacturing services, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.
Sanmina Corporation Price and Consensus
Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote
Sanmina has a PEG ratio of 0.56 compared with 0.92 for the industry. The company possesses a Growth Score of A.
Sanmina Corporation PEG Ratio (TTM)
Sanmina Corporation peg-ratio-ttm | Sanmina Corporation Quote
Unity Software U: This company, which provides a platform to develop, deploy and grow games and interactive 3D experiences across mobile, PC, console and extended reality, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.
Unity Software Inc. Price and Consensus
Unity Software Inc. price-consensus-chart | Unity Software Inc. Quote
Unity Software has a PEG ratio of 1.34 compared with 6.75 for the industry. The company possesses a Growth Score of A.
Unity Software Inc. PEG Ratio (TTM)
Unity Software Inc. peg-ratio-ttm | Unity Software Inc. Quote
NVIDIA NVDA: This company, which is the worldwide leader in visual computing technologies and the inventor of the graphics processing unit, or GPU, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.
NVIDIA Corporation Price and Consensus
NVIDIA Corporation price-consensus-chart | NVIDIA Corporation Quote
NVIDIA has a PEG ratio of 0.37 compared with 0.69 for the industry. The company possesses a Growth Score of B.
NVIDIA Corporation PEG Ratio (TTM)
NVIDIA Corporation peg-ratio-ttm | NVIDIA Corporation Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
NVIDIA Corporation (NVDA): Free Stock Analysis Report
Sanmina Corporation (SANM): Free Stock Analysis Report
Unity Software Inc. (U): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).