Best Growth Stocks to Buy for August 8th

Group 1: Royal Caribbean Cruises (RCL) - Royal Caribbean Cruises primarily serves the contemporary, premium, and deluxe segments of the cruise vacation industry [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen a 2.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The PEG ratio for Royal Caribbean Cruises is 0.43, significantly lower than the industry average of 1.61, indicating strong growth potential [2] Group 2: On Holding (ONON) - On Holding provides footwear and sports apparel products, including ultralight and stretchable fabrics and accessories [2] - The company also holds a Zacks Rank of 1 and has experienced a 2.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - On Holding has a PEG ratio of 0.89, which is lower than the industry average of 1.04, suggesting favorable growth characteristics [3] Group 3: Skyward Specialty Insurance Group, Inc. (SKWD) - Skyward Specialty Insurance Group is engaged in underwriting commercial property and casualty insurance coverages primarily in the United States [3] - The company carries a Zacks Rank of 1 and has seen a 5.0% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - The PEG ratio for Skyward Specialty Insurance Group is 0.75, compared to the industry average of 1.38, indicating strong growth potential [4]