Fast-Growing Stocks: See 23 Companies Expecting Up To 1,433% Earnings Growth In Q3 By Investors Business Daily
With Q3 earnings season getting underway, here’s a look at today’s fastest-growing stocks expecting 54% to 1,433% EPS increases in their next report. Alpha Pro Tech (APT) leads the list, expecting 1,433% earnings growth when it next reports. Amazon.com (AMZN), Advanced Micro Systems (AMD), PennyMac Financial Services (PFSI) and Take-Two Interactive (TTWO) are among 23 stocks on the list.
Newer IPO stocks to watch Doyu International (DOYU) and Dynatrace (DT) also made the cut. Dynatrace also earned a spot on the IPO Leaders screen.
To make this screen, each stock must have a 95 or higher Composite Rating and an 80 or better EPS and RS rating. To avoid thinly traded stocks, the stocks must trade at least 200,000 shares a day on average. Each company must also expect to report earnings from now until the end of November.
Fastest-Growing Stocks Near Buy Zone With Earnings Due
With Q3 earnings on the horizon, several of the fastest-growing stocks are near a buy zone. Amazon, AMD and Dynatrace are all forming bases.
Keep in mind that it’s risky to buy any stock just before it reports. That’s especially true with so many leaders, including AMZN and AMD, testing key lines of support as the market encounters resistance. A strong earnings report can lift stocks to new heights, but the latest numbers — good, bad or less than expected — also sink share prices.
Q3 Earnings: Best Growth Stocks To Watch
