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20 March
Best Growth Stocks to Buy for March 20th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today March 20th:

Broadcom AVGO: This company which is a premier designer, developer and global supplier of a broad range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor (CMOS) based devices and analog III-V based products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Broadcom Inc. Price and Consensus

Broadcom Inc. price-consensus-chart | Broadcom Inc. Quote

Broadcom has a PEG ratio of 1.56 compared with 6.28 for the industry. The company possesses a Growth Score of A.

Broadcom Inc. PEG Ratio (TTM)

Broadcom Inc. peg-ratio-ttm | Broadcom Inc. Quote

BJ's Restaurants BJRI: This company which owns and operates a chain of high-end casual dining restaurants in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.8% over the last 60 days.

BJ's Restaurants, Inc. Price and Consensus

BJ's Restaurants, Inc. price-consensus-chart | BJ's Restaurants, Inc. Quote

BJ's Restaurants has a PEG ratio of 1.32 compared with 2.52 for the industry. The company possesses a Growth Score of A.

BJ's Restaurants, Inc. PEG Ratio (TTM)

BJ's Restaurants, Inc. peg-ratio-ttm | BJ's Restaurants, Inc. Quote

Axalta Coating Systems AXTA: These global coatings company which is engaged in the manufacturing, marketing and distribution of coatings systems, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

Axalta Coating Systems Ltd. Price and Consensus

Axalta Coating Systems Ltd. price-consensus-chart | Axalta Coating Systems Ltd. Quote

Axalta Coating Systems has a PEG ratio of 0.89 compared with 1.32 for the industry. The company possesses a Growth Score of B.

Axalta Coating Systems Ltd. PEG Ratio (TTM)

Axalta Coating Systems Ltd. peg-ratio-ttm | Axalta Coating Systems Ltd. Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report

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This article originally published on Zacks Investment Research (zacks.com).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.