See 15 Stocks Expecting 107% To 1,433% Growth Next Quarter| Investor’s Business Daily

After a huge rebound from the coronavirus crash lows in March, the stock market is testing its first serious pullback. And with Q3 earnings season on the horizon, Virtu Financial (VIRT), Quidel (QDEL), PennyMac Financial Services (PFSI), Big Lots (BIG) and 11 other stocks are expecting 107% to 1,433% earnings growth in their next quarterly report.


AlphaProTech (APT) and Louisiana Pacific (LPX) lead the list, with consensus analyst estimates calling for EPS growth of 1,433% and 1,350%, respectively.

To make this screen, analyst earnings estimates for next quarter must be over 100%. Plus, each of these stocks to watch must have a 95 or higher Composite Rating, which means they’re outperforming 95% or more of all stocks in terms of the most important stock-picking traits.

As further evidence of their stock market leadership, Futu, Big Lots and PennyMac are all on the IBD 50 list of the best growth stocks. PennyMac is also on Sector Leaders, IBD’s most stringent screen that outperformed the S&P 500 43.4% to 8.3% from January to August.

Nearing a potential new buy zone and all-time high, PennyMac was recently featured on the IBD Breakout Stocks Index.

AlphaProTech has earned a spot on Stock Spotlight.

How To Find The Best Stocks To Buy And Watch

While certainly important, explosive earnings growth is just one factor in finding the best stocks to buy and watch. Investors should take a holistic look at each stock, paying particular attention to the three telltale signs that matter most.

Stock market history shows that the best stocks have a new product or service in high demand and are being heavily bought by institutional investors. The final factor is the stock market itself. Three out of four stocks simply follow the overall market direction, either up or down. So always analyze your own stocks in tandem with the performance of the Nasdaq, S&P 500 and Dow Jones Industrial Average.

Currently, Virtu Financial and PennyMac are in or near new buy zones, but the market is struggling to rebound from its current correction. AlphaProTech and Quidel are example of how sometimes stocks with impressive earnings growth have sold off sharply.

Like a three-legged stool, you need all three pieces — fundamentals, technicals, overall market — to be strong to create the most stable investing environment. Stay patient and disciplined. Make sure each piece of the puzzle is in place when determining the best stocks to buy and watch.

Company Symbol EPS Est Cur Qtr % EPS % Chg Last Qtr Composite Rating
Alpha Pro Tech APT 1,433 475 98
Louisiana Pacific LPX 1,350 291 95
BRP Group BRP 900 900 98
Futu Holdings Class A FUTU 600 300 98
Atlas Air Worldwide AAWW 532 2671 99
Daqo New Energy DQ 362 262 99
Virtu Financial Class A VIRT 314 981 99
Quidel QDEL 231 417 98
Big Lots BIG 217 419 99
PennyMac Financial PFSI 192 377 99
Darling Ingredients DAR 180 144 95
Kinross Gold KGC 138 150 99
Take-Two Interactive Software TTWO 125 88 96
Newmont Corp. NEM 114 167 97
Barrick Gold GOLD 107 156 98

Follow Matthew Galgani on Twitter at @IBD_MGalgani.


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