Stocks

TIMB, LMB, MPTI: Top Growth Stocks earmarked for November 21

Published November 21, 2023

Investors seeking to capitalize on growth stocks with strong potential might want to mark November 21 on their calendars. Three companies have distinguished themselves by scoring the coveted Zacks Rank #1 (Strong Buy) indicating significant growth prospects ahead.

Telecommunications Growth Prospect: TIM S.A.

TIM S.A. (TIMB), a telecommunications firm, has shown impressive growth signals, leading to a 6.4% boost in the Zacks Consensus Estimate for its current year earnings over the past 60 days. With a PEG ratio well below the industry average at 0.73 and a Growth Score of B, TIMB is a strong candidate for growth-seeking investors.

Building Solutions Provider on the Rise: Limbach Holdings

Another company to join the rank of growth leaders is Limbach Holdings, Inc. (LMB). Specializing in integrated building systems, the company has seen a 28.7% rise in its earnings estimates for the ongoing year. It also presents an attractive PEG ratio of 1.90, slightly under the industry norm, alongside a top-tier Growth Score of A.

Leader in Frequency Control Solutions: M-tron Industries

Completing the list is M-tron Industries, Inc. (MPTI), a provider of frequency control solutions. MPTI's current year earnings estimates have surged by an impressive 47% in just the last two months. The company sports a PEG ratio of 0.71, indicating substantial growth at a lower price compared to its industry peers, and also holds a Growth Score of B.

These three stocks not only hold the promise of robust growth but also provide a portfolio diversification across telecommunications, building services, and electronic components.

TIMB, LMB, MPTI