Here’s a look at today’s fastest-growing stocks expecting big earnings-per-share gains in 2021. Steel stocks Schnitzer Steel (SCHN), Steel Dynamics (STLD), Ternium (TX) and Nucor (NUE) lead 29 names expecting at least 75% earnings growth in 2021 or their current fiscal year.X
Footwear maker Crocs (CROX) and semiconductor sector leaders Kulicke & Soffa Industries (KLIC) and Brooks Automation (BRKS) also make the cut.
Building sector stocks Atkore (ATKR), Louisiana Pacific (LPX), Boise Cascade (BCC) and Century Communities (CCS) joined energy sector stocks Denbury (DEN) and mining stock Teck Resources (TECK) and transportation stocks FedEx (FDX) and XPO Logistics (XPO) on the list.
Financial stocks on the list include Blackstone (BX), Ally Financial (ALLY), First Bancorp (FBP) and Regions Financial (RF).
This list of the fastest-growing stocks is in line with the latest report on new buys by the best mutual funds. These leading money managers bet big on the financial, semiconductor, transportation and building sectors. SCHN, KLIC, BX, CCS, LPX and FDX stock were among many stocks with 75% or higher EPS estimates for 2021 that also earned spots on the list of new buys by top funds.
Stock Screen For Today’s Fastest-Growing Stocks
To make this stock screen of today’s fastest-growing companies, each stock must have a 95 or higher Composite Rating, indicating a passing grade in Stock Checkup. A 95 Composite Rating means each stock is outperforming at least 95% of all stocks in terms of the most important stock-picking traits.
Each of these top growth stocks must also have an EPS Rating and RS Rating above 80 to show strong fundamental and technical strength.
To avoid thinly traded penny stocks, the screen only included the fastest-growing stocks that trade at least 200,000 shares a day on average and have a share price of at least $12.
Boosted by big earnings estimates, several of these top growth stocks have also secured a spot on IBD Stock Lists. Atkore, Century Communities and BCC stock are on the IBD 50 list of top growth stocks. CS sock is also IBD Sector Leaders, IBD’s most stringent stock screen.
Among leading large caps, Blackstone and Nutrien (NTR) join the IBD Big Cap 20.
Fastest-Growing Stocks To Buy And Watch In 2021
Created in MarketSmith, this stock screen highlights top growth stocks expecting up to a 1,316% EPS increase in 2021.
| Company | Symbol | EPS Est Cur Yr % | Comp Rating | EPS Rating | RS Rating | SMR Rating |
|---|---|---|---|---|---|---|
| Schnitzer Steel Inds A | SCHN | 1,316 | 97 | 84 | 97 | C |
| Kulicke & Soffa Ind Inc | KLIC | 339 | 98 | 82 | 90 | A |
| Nucor Corp | NUE | 278 | 99 | 91 | 95 | C |
| Ternium Sa Adr | TX | 253 | 99 | 91 | 90 | B |
| Steel Dynamics Inc | STLD | 234 | 99 | 93 | 93 | B |
| Aviat Networks Inc | AVNW | 205 | 96 | 98 | 98 | B |
| X P O Logistics Inc | XPO | 201 | 95 | 88 | 83 | C |
| Textainer Group Holdings | TGH | 198 | 99 | 99 | 97 | B |
| Atkore Inc | ATKR | 177 | 99 | 99 | 94 | A |
| Louisiana Pacific Corp | LPX | 171 | 99 | 95 | 93 | A |
| Futu Holdings Cl A Ads | FUTU | 153 | 99 | 84 | 99 | A |
| First Bancorp Hldg Co | FBP | 151 | 96 | 86 | 89 | B |
| C F Industries Holdings | CF | 148 | 95 | 89 | 83 | C |
| Lands End Inc | LE | 142 | 98 | 86 | 96 | C |
| Blackstone Group Inc | BX | 139 | 97 | 89 | 86 | A |
| Teck Resources Ltd | TECK | 134 | 96 | 89 | 89 | D |
| Camtek Ltd | CAMT | 121 | 99 | 96 | 95 | A |
| Ally Financial Inc | ALLY | 117 | 96 | 88 | 93 | C |
| Denbury Inc | DEN | 117 | 99 | 97 | 98 | D |
| Regions Financial Corp | RF | 106 | 97 | 87 | 85 | B |
| Deere & Co | DE | 105 | 96 | 97 | 85 | A |
| Align Technology Inc | ALGN | 99 | 95 | 97 | 83 | A |
| Boise Cascade Company | BCC | 94 | 99 | 99 | 84 | A |
| Brooks Automation | BRKS | 91 | 96 | 95 | 90 | B |
| FedEx Corp | FDX | 90 | 95 | 84 | 82 | B |
| Century Communities Inc | CCS | 87 | 99 | 98 | 93 | A |
| Nutrien Ltd | NTR | 81 | 98 | 95 | 80 | C |
| Crocs Inc | CROX | 77 | 98 | 99 | 95 | A |
| Silvergate Cap Corp Cl A | SI | 76 | 98 | 98 | 99 | A |
3 Key Rules For How To Buy Today’s Fastest-Growing Stocks
Keep in mind that earnings growth is just one factor to track when looking for the best stocks to buy and watch. In addition, make sure to follow these three key rules for how to buy stocks.
While these fast-growing stocks show strong earnings estimates for 2021, it doesn’t necessarily mean they’ll meet or beat Wall Street expectations or shoot higher if they do. Be sure to have and follow sound buy rules and sell rules.
Following a simple three-step routine helps you stay profitable and protected, and ready to take advantage of today’s fastest-growing stocks when opportunities arise.
This article originally appeared on Investor´s Business Daily.
