From Nasdaq:

Investors are carefully examining stocks following an excellent year in 2023. Two high-growth stocks, Griffon Corporation and The Andersons, have seen pullbacks, making them a potential opportunity with both companies sporting a Zacks Rank #1 (Strong Buy). Recent dips present an opportunity to buy given their strong growth trajectories.

Griffon’s stock has soared 52% in the last year, while The Andersons’ shares have climbed 45%. Despite recent pullbacks, over the last three years, both companies’ shares have seen significant increases of 146% and 102%, respectively. This outperformance makes them a compelling buy opportunity.

Griffon’s annual earnings are forecasted to increase 2% in fiscal 2024 and climb another 20% in FY25 to $5.56 per share. In comparison, The Andersons’ earnings are projected to rebound and leap 32% to $3.86 per share this year, indicating significant post-pandemic recovery.

One must-buy stock today is at the heart of the brilliant Artificial Intelligence sector, set to have an internet and iPhone-scale economic impact of $15.7 Trillion by 2030. Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other “must buys.”



Read more: Time to Buy the Dip in These High-Growth Stocks