Stocks

Top Growth Stocks to Invest in for November 21: TIMB, LMB, and MPTI Earn Strong Buy Ratings

Published November 21, 2023

For investors seeking opportunities in the stock market with robust growth prospects as of November 21, there are certain stocks worth considering. These stocks have earned themselves a place on the number one rank for strong growth potential according to Zacks Rank, indicating a promising outlook for investors.

Telecommunications Sector: TIM S.A. (TIMB)

TIM S.A., operating in the telecom industry, has achieved a Zacks Rank of #1, which is designated as a Strong Buy. Over the past 60 days, there's been a significant 6.4% revision in the consensus estimate for its current year earnings, reflecting positive sentiment among analysts. With a PEG ratio well below the industry average, standing at 0.73 compared to the industry's 0.93, and a Growth Score of 'B', TIMB presents as a solid option for growth-oriented investors.

Building Systems Sector: Limbach Holdings, Inc. (LMB)

In the integrated building systems solutions market, Limbach Holdings, Inc. holds a Strong Buy rating with Zacks Rank #1. Earnings estimates for the company have climbed by 28.7% over the last two months, signaling a substantial growth runway. LMB's PEG ratio is 1.90, almost on par with its industry average of 1.96, yet the company outshines with its impressive 'A' Growth Score.

Frequency Control Solutions Sector: M-tron Industries, Inc. (MPTI)

The frequency control solutions provider, M-tron Industries, is another stock to make the Zacks Rank #1 list. MPTI's earnings estimates have been adjusted upwards by a striking 47% within a 60-day period. Their PEG ratio of 0.71, much lower than the industry's 1.40, combined with a 'B' Growth Score, makes MPTI an attractive proposition for investors looking for growth stocks.

TIMB, LMB, MPTI