The Best Top-Ranked Stocks to Buy Now in November

Core Insights - The stock market is near all-time highs, driven by strong earnings, Fed rate cuts, and AI spending [1] - Investors are advised against timing the market but should seek strong stocks with solid fundamentals [1] Group 1: Investment Strategies - Utilizing a Zacks screen can help identify top Zacks Rank 1 (Strong Buy) stocks among over 200 highly-ranked companies [2] - Zacks Rank 1 stocks have historically outperformed the market, regardless of market conditions [2] Group 2: Screening Parameters - The screening process includes three key filters: Zacks Rank equal to 1, positive current quarter estimate revisions, and top broker rating changes [4][5][6] - Zacks Rank 1 stocks have an average annual return of approximately 24.4% since 1988 [5] Group 3: Company Spotlight - Perimeter Solutions, Inc. (PRM) - Perimeter Solutions, a leader in fire safety, reported a significant earnings beat in Q3, with a 9% growth in adjusted EPS, exceeding estimates by 21% [9] - The company’s Fire Safety segment focuses on fire management products, while its Specialty Products unit deals with phosphorus pentasulfide for various applications [9] - PRM stock has increased by 670% over the past two years but is currently trading 10% below its average Zacks price target and at an 18% discount to its median [10]