Investors advised to consider Amazon.com, Eldorado Gold, and PDD Holdings Inc. for potential growth

From Nasdaq: 2024-07-19 09:54:00

Investors should consider Amazon.com as it carries a Zacks Rank #1 and its current year earnings estimate has been on the rise. Eldorado Gold, another strong option with a Zacks Rank #1, has seen a significant increase in its earnings estimate over the past 60 days. PDD Holdings Inc., also with a Zacks Rank #1, has experienced a substantial 45.5% increase in its earnings estimate in the same period.

Amazon.com boasts a PEG ratio of 1.35 compared to the industry’s 3.13, and a Growth Score of A. Eldorado Gold’s PEG ratio is 0.29 versus the industry’s 0.34, with a Growth Score of B. PDD Holdings Inc. has a PEG ratio of 0.21 compared to the industry’s 2.09, and a Growth Score of B.

As a massive infrastructure overhaul looms in the U.S., savvy investors can position themselves for significant gains. Zacks offers a Special Report detailing 5 companies set to benefit from the coming surge in infrastructure spending. Download the report for free to identify opportunities in construction, repair, cargo hauling, and energy transformation sectors.

Consider getting into top-ranked stocks like Amazon.com, Eldorado Gold Corporation, and PDD Holdings Inc. to capitalize on the potential gains as U.S. infrastructure spending ramps up. Conclusive research, combined with a strategic investment approach, can lead to profitable outcomes in the shifting market landscape.



Read more at Nasdaq: Best Growth Stocks to Buy for July 19th