Who doesn’t like growth stocks?
It’s by far the favorite class of stocks to invest in, but also the most dangerous. That’s because their higher growth prospects = higher expectations = higher PE = higher premium paid for shares = further to fall if things go wrong.
Or to put it another way, its important to go for the right growth stocks. That’s where the POWR Ratings comes in to play. Every growth stock on this list has also earned the coveted “A” Strong Buy rating from the POWR Rating system.
As you probably know by now, this rating is focused on stocks experiencing the best momentum at this time. Typically that momentum is borne of a strong fundamental catalyst that serves to keep earnings and the share price on the rise going forward.
Beyond the POWR Rating of A these stocks also have earnings growth prospects of over 20% per year for the next 3-5 years. These estimates come from the Wall Street analysts who follow the firms.
It’s interesting to note that the average earnings growth for S&P 500 companies is only expected to be around 5% this year. So there is something exceptional taking place at these firms causing this growth, which should be the prime catalyst beyond their future outperformance.
Here is the full list of 25 best growth stocks on the market today:
| Company | Ticker | Growth % |
| Charter Comm-A | CHTR | 43.12 |
| Coupa Software | COUP | 39.44 |
| Mercury Genl Cp | MCY | 37.70 |
| Shopify Inc | SHOP | 36.50 |
| Blueprint Med | BPMC | 34.00 |
| Adv Micro Dev | AMD | 30.69 |
| Chegg Inc | CHGG | 30.00 |
| Servicenow Inc | NOW | 28.00 |
| Lendingtree Inc | TREE | 28.00 |
| Pagseguro Digtl | PAGS | 27.23 |
| Workday Inc-A | WDAY | 27.06 |
| Hdfc Bank Ltd | HDB | 25.19 |
| Paycom Software | PAYC | 25.17 |
| Aquantia Corp | AQ | 25.00 |
| Under Armour-A | UAA | 24.45 |
| Ollies Bgn Outl | OLLI | 23.87 |
| Pool Corp | POOL | 23.50 |
| First Solar Inc | FSLR | 23.21 |
| Zynga Inc | ZNGA | 22.50 |
| Celgene Corp | CELG | 22.17 |
| Solaredge Tech | SEDG | 22.00 |
| Planet Fitness | PLNT | 21.59 |
| Penumbra Inc | PEN | 21.50 |
| Tempur Sealy | TPX | 20.53 |
| Iac/Interactiv | IAC | 20.45 |
Also here are links to 2 other popular destinations to make the best use of the POWR Ratings:
Full List of “A ”Rated Strong Buy Stocks
Reitmeister Total Return portfolio. This is where Steve Reitmeister employs his 40 years of investment experience to hand select the best POWR Ratings stocks.
Shopify Inc NYSE: SHOP shares closed at $287.65 on Friday, up $2.85 (+1.00%). Year-to-date, has gained 15.60%, versus a % rise in the benchmark S&P 500 index during the same period.
This article is brought to you courtesy of StockNews.com.
