Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 7th: CarGurus (CARG) : This online automotive marketplace which connects buyers and sellers of new and used cars, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days. CarGurus has a PEG ratio of 1.03 compared with 1.07 for the industry. The company possesses a Growth Score of A. BRF (BRFS) : This B ...

In the latest trading session, BRF (BRFS) closed at $4.30, marking a -0.69% move from the previous day. This move lagged the S&P 500's daily gain of 0.9%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 1.22%. Shares of the chicken, beef and pork producer have depreciated by 4.63% over the course of the past month, underperforming the Consumer Staples sector's loss of 2.37% and the S&P 500's gain of 3.15%. Investors will be eagerly watching for the perfo ...

Group 1: Company Highlights - BRF S.A. (BRFS) is a meat processing company with a Zacks Rank 1 and has seen a 62.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - JD.com, Inc. (JD) is a supply chain-based technology company with a Zacks Rank 1 and has experienced a 17.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Sinclair, Inc. (SBGI) is a media company with a Zacks Rank 1 and has witnessed a 21.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] Group 2: Financial Metrics - BRF S.A. has a PEG ratio of 0.25, significantly lower than the industry average of 2.16, and possesses a Growth Score of A [2] - JD.com has a PEG ratio of 0.64 compared to the industry average of 2.28, also holding a Growth Score of A [2] - Sinclair has a PEG ratio of 0.13, well below the industry average of 2.25, and has a Growth Score of B [3]

Group 1 - BRF's stock closed at $4.33, down 1.81% from the previous day, underperforming the S&P 500's loss of 0.17% [1] - Over the past month, BRF shares declined by 2.43%, compared to a 0.25% loss in the Consumer Staples sector and a 1.25% gain in the S&P 500 [1] Group 2 - The upcoming earnings disclosure for BRF is anticipated, with projected earnings per share (EPS) of $0.13, representing a 360% increase year-over-year [2] - Revenue is expected to reach $2.9 billion, indicating a 2.56% increase from the same quarter last year [2] Group 3 - Full-year Zacks Consensus Estimates predict earnings of $0.47 per share and revenue of $11.1 billion, reflecting year-over-year changes of +256.67% and +14.74% respectively [3] Group 4 - Recent revisions to analyst forecasts for BRF are important as they indicate evolving short-term business trends, with positive revisions suggesting optimism about the company's outlook [4] Group 5 - The Zacks Rank system, which assesses estimated changes, currently ranks BRF as 1 (Strong Buy), with a consensus EPS projection that has increased by 9.3% in the past 30 days [6] - BRF's Forward P/E ratio is 9.38, which is a discount compared to the industry's average Forward P/E of 18.02 [6] Group 6 - BRF has a PEG ratio of 0.25, significantly lower than the Food - Miscellaneous industry's average PEG ratio of 2.81 [7] - The Food - Miscellaneous industry is part of the Consumer Staples sector, which holds a Zacks Industry Rank of 87, placing it in the top 35% of over 250 industries [7][8]

Group 1: BRF S.A. (BRFS) - BRF S.A. is a meat processing company with a Zacks Rank 1 and has seen a 62.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The shares of BRF S.A. gained 7.8% over the last three months, outperforming the S&P 500, which advanced by 3.1% [1] - The company has a Momentum Score of A [1] Group 2: Stryve Foods, Inc. (SNAX) - Stryve Foods, Inc. is a healthy snack company with a Zacks Rank 1 and has experienced a 19.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The shares of Stryve Foods gained 23.2% over the last six months, significantly outperforming the S&P 500's advance of 9.4% [2] - The company possesses a Momentum Score of A [2] Group 3: ProQR Therapeutics N.V. (PRQR) - ProQR Therapeutics N.V. is a biotechnology company with a Zacks Rank 1 and has seen a 16.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - The shares of ProQR Therapeutics gained 7.3% over the last three months, compared to the S&P 500's advance of 3.1% [3] - The company has a Momentum Score of B [3]

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" to maximize returns in a shorter time frame [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: BRF (BRFS) Stock Analysis - BRF has demonstrated recent price momentum with a four-week price change of 2.3%, indicating growing investor interest [4] - The stock has gained 8.5% over the past 12 weeks, with a beta of 1.94, suggesting it moves significantly more than the market [5] - BRF holds a Momentum Score of A, indicating a favorable entry point for investors looking to capitalize on its momentum [6] Group 3: Earnings Estimates and Valuation - An upward trend in earnings estimate revisions has contributed to BRF achieving a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects [7] - BRF is trading at a Price-to-Sales ratio of 0.48, suggesting it is undervalued, as investors pay only 48 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides BRF, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]

Group 1 - CF Industries Holdings, Inc. (CF) has seen a 21.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - BRF S.A. (BRFS) has experienced a 62.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Stryve Foods, Inc. (SNAX) has recorded a 19.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Monro, Inc. (MNRO) has seen a 19.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Similarweb Ltd. (SMWB) has experienced an 80% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]

Group 1: The Progressive Corporation (PGR) - The Progressive Corporation is an insurance holding company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 8.3% over the last 60 days [1] - The company has a PEG ratio of 0.71, which is lower than the industry average of 1.36 [1] - The Progressive Corporation possesses a Growth Score of A [1] Group 2: BRF S.A. (BRFS) - BRF S.A. is a meat processing company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 62.1% over the last 60 days [2] - The company has a PEG ratio of 0.25, significantly lower than the industry average of 2.65 [2] - BRF S.A. possesses a Growth Score of A [2] Group 3: Sterling Infrastructure, Inc. (STRL) - Sterling Infrastructure, Inc. is an infrastructure and solutions provider with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 7.8% over the last 60 days [3] - The company has a PEG ratio of 1.71, which is slightly lower than the industry average of 1.82 [3] - Sterling Infrastructure possesses a Growth Score of A [3]

Group 1: BRF S.A. (BRFS) - BRF S.A. is a meat processing company with a Zacks Rank 1 and has seen a 62.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 9.30, significantly lower than the industry average of 25.20 [1] - BRF S.A. possesses a Value Score of A, indicating strong value characteristics [1] Group 2: CF Industries Holdings, Inc. (CF) - CF Industries Holdings, Inc. is a provider of hydrogen and nitrogen solutions, also holding a Zacks Rank 1, with a 21.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - The company has a P/E ratio of 14.72, compared to the industry average of 20.70 [2] - CF Industries Holdings has a Value Score of A, reflecting its strong value characteristics [2] Group 3: Fluor Corporation (FLR) - Fluor Corporation is engaged in engineering, procurement, construction, and project management services, holding a Zacks Rank 1, with a 0.9% increase in the Zacks Consensus Estimate for its next year earnings over the last 60 days [3] - The company has a P/E ratio of 16.55, which is lower than the industry average of 29.80 [3] - Fluor Corporation possesses a Value Score of B, indicating solid value characteristics [3]

Group 1 - The recommendation is to buy shares of BRF S.A. (NYSE: BRFS) after the release of the company's results at the end of the 2nd quarter [1] - The analysis is based on over 5 years of experience in equity analysis in Latin America, providing in-depth research and insights for informed investment decisions [1]