Best Growth Stocks to Buy for May 14th – May 14, 2024
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 14th:
– PDD Holdings Inc. (PDD): This company provides an e-commerce platform for group buying deals through Tencent’s Wechat app. It has a Zacks Rank #1 (Strong Buy) and its current year earnings estimate has increased by 18% over the last 60 days. PDD Holdings has a PEG ratio of 0.34 and a Growth Score of A.
– MINISO Group Holding Limited (MNSO): This retailer offers design-led lifestyle products and has a Zacks Rank #1. Its current year earnings estimate has increased by 10.7% over the last 60 days. MINISO Group Holding Limited has a PEG ratio of 1.05 and a Growth Score of B.
– Royal Caribbean Cruises (RCL): This cruise company owns and operates three global brands and has a Zacks Rank #1. Its current year earnings estimate has increased by 9.5% over the last 60 days. Royal Caribbean Cruises has a PEG ratio of 0.43 and a Growth Score of B.
Check out the full list of top ranked stocks and learn more about the Growth score and how it is calculated.