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Best Growth Stocks to Buy for September 27th
ZACKS· 2024-09-27 10:31
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 27th: Okta, Inc. (OKTA) : This identity solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days. Okta has a PEG ratio of 1.26 compared with 4.89 for the industry. The company possesses a Growth Score of B. CarGurus, Inc. (CARG) : This online automotive marketplace a Zacks Rank #1, and has witnes ...
CarGurus (CARG) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-09-25 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...
Best Growth Stocks to Buy for September 25th
ZACKS· 2024-09-25 11:11
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, September 25th: KT Corporation (KT) : This telecommunications and platform services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days. KT has a PEG ratio of 0.73 compared with 1.04 for the industry. The company possesses a Growth Score of B. CarGurus, Inc. (CARG) : This online automotive marketplace a Zacks R ...
Best Growth Stocks to Buy for September 16th
ZACKS· 2024-09-16 13:57
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today September 16th: 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 1.08 for the industry. The company possesses a Growth Score of A. Norwegian Cruise ...
Best Growth Stocks to Buy for August 30th
ZACKS· 2024-08-30 13:20
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 30th: 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 1.02 compared with 1.08 for the industry. The company possesses a Growth Score of A. Norwegian Cruise Li ...
CarGurus to Present at Citi's 2024 Global TMT Conference
GlobeNewswire News Room· 2024-08-29 20:05
CAMBRIDGE, Mass., Aug. 29, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Elisa Palazzo, Chief Financial Officer, is scheduled to participate in a fireside chat at Citi's 2024 Global TMT Conference on Thursday, September 5, 2024 at 3:00 PM ET. A webcast of the fireside chat will be accessible from the Investor Relations page of the company's website at https://investors.cargurus.co ...
Is CarGurus (CARG) Outperforming Other Auto-Tires-Trucks Stocks This Year?
ZACKS· 2024-08-23 14:41
The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. CarGurus (CARG) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question. CarGurus is a member of our Auto-Tires-Trucks group, which includes ...
Bull of the Day: CarGurus (CARG)
ZACKS· 2024-08-23 12:00
Everyone has their eyes set on Friday's speech from Fed Chair Powell. The Jackson Hole presentation has the power to rock this market. If we get confirmation of rate hikes in September, then the market will likely rejoice. If we get the opposite, then it's look out below. These sort of macro headlines and risks are never going away. There's always a risk du-jour that markets have to contend with. Keep your eyes on the prize and focus on the long-term, that is the way to win. Focus your efforts on stocks wit ...
Why CarGurus (CARG) Might be Well Poised for a Surge
ZACKS· 2024-08-22 17:20
CarGurus (CARG) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this online auto shopping platform, should get reflected in its stock price. After all, empirical research shows a strong correlati ...
What Makes CarGurus (CARG) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-08-22 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...