Here’s a look at today’s fastest-growing stocks expecting big earnings-per-share gains in 2021 or their current fiscal year. Nvidia (NVDA), Alphabet (GOOGL), Crocs (CROX), and Goldman Sachs (GS) are among 36 stocks expecting at least 50% earnings growth in their next annual report.
X
Led by Schnitzer Steel (SCHN), steel stocks Steel Dynamics (STLD), Ternium (TX) and Nucor (NUE) dominate the top of this stock screen.
Pioneering artificial intelligence (AI) and self-driving cars, NVDA stock joins Kulicke & Soffa Industries (KLIC), Applied Materials (AMAT), Alpha & Omega Semiconductor (AOSL) and Onto Innovation (ONTO) among the fastest-growing stocks in the semiconductor sector.
Representing the building sector, Atkore (ATKR)and Century Communities (CCS) and Louisiana Pacific (LPX) also make the cut.
In addition to GS stock, financial stocks meeting the criteria for this stock screen include Blackstone (BX), Jefferies Financial (JEF), Futu (FUTU) and Customers Bancorp (CUBI). Consumer loans providers Santander Consumer USA (SC) and OneMain (OMF) have also bankrolled a spot on the list.
With earnings estimates for 100% growth this year, leading IPO stock Concentrix (CNXC) also makes the list. A global leader in CX (customer experience) development, Concentrix was featured in the IBD Stock Analysis last week and is testing a new buy point.
Align Technology (ALGN), which makes the Invisalign braces, is also among today’s fastest-growing stocks. Align is the world’s largest 3D printing manufacturer and is trading at the top of its buy zone.
GOOGL stock, which topped the latest list of new buys by the best mutual funds, is also in a buy zone. Nvidia stock, AMAT stock and Goldman Sachs also made both the list.
Stock Screen For Today’s Fastest-Growing Stocks
To make this stock screen of today’s fastest-growing companies, each stock must have a 95 or higher Composite Rating, indicating a passing grade in Stock Checkup. A 95 Composite Rating means each stock is outperforming at least 95% of all stocks in terms of the most important stock-picking traits.
Each of these top growth stocks must also have an EPS Rating and RS Rating above 80 to show strong fundamental and technical strength.
To avoid thinly traded penny stocks, the screen only included the fastest-growing stocks that trade at least 200,000 shares a day on average and have a share price of at least $12.
Boosted by big earnings estimates, several of these top growth stocks have also secured a spot on IBD Stock Lists. Nvidia, Atkore and Blackstone are on the IBD 50 list of top growth stocks. GOOGL stock, NVDA stock and BX stock are also on the IBD Big Cap 20.
Find The Fastest-Growing Stocks With IBD Stock Screener
Fastest-Growing Stocks To Buy And Watch In 2021
Created in MarketSmith, this stock screen highlights top growth stocks expecting a 51% to 1,277% EPS increase in 2021.
Data as of July 12, 2021
| Company | Symbol | EPS Est Cur Yr % | Comp Rating | EPS Rating | RS Rating | SMR Rating |
|---|---|---|---|---|---|---|
| Schnitzer Steel Inds A | SCHN | 1277 | 96 | 87 | 96 | B |
| Nucor Corp | NUE | 381 | 98 | 91 | 93 | C |
| Steel Dynamics Inc | STLD | 357 | 99 | 93 | 92 | B |
| Kulicke & Soffa Ind Inc | KLIC | 339 | 98 | 81 | 91 | A |
| Ternium Sa Adr | TX | 287 | 99 | 91 | 94 | B |
| Alpha & Omega Semicondtr | AOSL | 211 | 98 | 98 | 87 | B |
| Land’s End Inc | LE | 194 | 99 | 85 | 98 | C |
| Textainer Group Holdings | TGH | 193 | 99 | 98 | 96 | B |
| Louisiana Pacific Corp | LPX | 189 | 96 | 95 | 89 | A |
| Atkore Inc | ATKR | 177 | 99 | 99 | 94 | A |
| Futu Holdings Cl A Ads | FUTU | 161 | 98 | 84 | 98 | A |
| Denbury Inc | DEN | 140 | 98 | 97 | 98 | D |
| Teck Resources Ltd | TECK | 140 | 97 | 89 | 88 | D |
| Blackstone Group Inc | BX | 139 | 99 | 89 | 90 | A |
| Camtek Ltd | CAMT | 124 | 97 | 96 | 92 | A |
| Concentrix Corporation | CNXC | 100 | 98 | 97 | 81 | B |
| Align Technology Inc | ALGN | 99 | 98 | 96 | 88 | A |
| C A I International Inc | CAI | 92 | 98 | 97 | 95 | A |
| Century Communities Inc | CCS | 88 | 97 | 98 | 82 | A |
| Jefferies Financial Grp | JEF | 83 | 98 | 99 | 83 | A |
| Santander Cons USA Hldgs | SC | 82 | 97 | 92 | 94 | A |
| Smart Global Holdings | SGH | 80 | 96 | 93 | 84 | A |
| Crocs Inc | CROX | 78 | 99 | 99 | 96 | A |
| Customers Bancorp Inc | CUBI | 75 | 99 | 85 | 97 | A |
| OneMain Holdings Inc | OMF | 74 | 98 | 98 | 93 | B |
| Goldman Sachs Group Inc | GS | 68 | 96 | 91 | 86 | A |
| Alphabet Inc Cl A | GOOGL | 66 | 99 | 94 | 83 | A |
| Onto Innovation Inc | ONTO | 65 | 97 | 94 | 87 | A |
| Boot Barn Holdings Inc | BOOT | 63 | 99 | 96 | 97 | B |
| Marinemax Inc | HZO | 62 | 98 | 99 | 86 | A |
| Western Alliance Bancorp | WAL | 60 | 95 | 97 | 94 | A |
| Nvidia Corp | NVDA | 59 | 99 | 97 | 90 | A |
| Applied Materials Inc | AMAT | 58 | 96 | 92 | 90 | A |
| Generac Hldgs Inc | GNRC | 55 | 99 | 97 | 96 | A |
| Harborone Bancorp Inc | HONE | 52 | 98 | 97 | 83 | B |
| Hibbett Inc | HIBB | 51 | 99 | 91 | 96 | A |
3 Key Rules For How To Buy Today’s Fastest-Growing Stocks
Keep in mind that earnings growth is just one factor to track when looking for the best stocks to buy and watch. In addition, make sure to follow these three key rules for how to buy stocks.
While these fast-growing stocks show strong earnings estimates for 2021, it doesn’t necessarily mean they’ll meet or beat Wall Street expectations or shoot higher if they do. Be sure to have and follow sound buy rules and sell rules.
Following a simple three-step routine helps you stay profitable and protected, and ready to take advantage of today’s fastest-growing stocks when opportunities arise.
Follow Matthew Galgani on Twitter at @IBD_MGalgani.
YOU MIGHT ALSO LIKE:
GOOGL Stock, Nvidia Lead Latest List Of New Buys By The Best Mutual Funds
Stock Picks: Nvidia, Facebook Reveal 7 Telltale Traits Of Top Stocks To Buy And Watch
Track Market Trends And Find Top Stocks With This Simple 3-Step Routine
Learn How To Read Stock Charts And Find The Best Stocks To Buy And Watch
Find Stocks Near A Buy Point Right Now With IBD Leaderboard