Top 100 Stocks to Buy: Argan Moves Up 40 Spots. Time to Buy?

Company Overview - Argan (AGX) is a provider of infrastructure and construction services, recently moving up 40 spots to the 59th position in Barchart's Top 100 Stocks to Buy [1] - The stock has shown significant performance, with a 26% increase over the last month and a 55% increase over the past three months [2][6] Financial Performance - Argan is expected to earn $8.41 per share in fiscal 2026 and $9.47 in 2027, with shares currently trading at 39.3 times the 2027 earnings estimate, indicating a high valuation [4] - The company's backlog has grown from $1.0 billion in fiscal 2017 to $1.4 billion in 2025, representing an increase from 1.48 times annual revenue to 1.60 times annual revenue [7] Market Position - Argan has been highlighted as one of the 44 profitable stocks in the top 100, with a year-to-date increase of 66% and a staggering 387% increase since the beginning of 2024 [5] - The company operates in a sector where demand for products and services is expected to remain strong, making it a potentially attractive investment opportunity despite its high valuation [4]