Fast-Growing Stocks: GOOGL Stock Among 24 Names Expecting Up To 800% Growth In Q3

investors2021-10-09

With Q3 earnings season on the horizon, here's a look at today's fastest-growing stocks expecting 65% to 800% EPS increases in Q3 or their current fiscal quarter. Tech giant Alphabet(GOOGL) joins Crocs(CROX) and leading IPO TaskUs(TASK) make the cut.

Steel Dynamics(STLD) leads this stock screen featuring 24 companies, joined by oil stocks Diamondback Energy(FANG) and Callon Petroleum(CPE).

Having only gone public in June, TASK stock is already among the best IPOs. TaskUs is on IBD Sector Leaders and joins GOOGL stock get on the IBD 50list of top growth stocks. Atkore(ATKR) and Evercore(EVR) also earn spots on the IBD 50 and this stock screen for today's fastest-growing companies.

To make this screen, each stock must have a 95 or higher Composite Rating and an 80 or better EPS and RS rating. To avoid thinly traded stocks, the stocks must trade at least 400,000 shares a day on average.

Fastest-Growing Stocks Test Support And Resistance

With the stock market in a correction, now is not an ideal time to buy stocks. But GOOGL stock, Diamondback Energy, Atkore and others are trying to bounce back as the indexes look to launch a follow-through day to improve the market outlook.

CROX stock, GOOGL stock and others are testing support and resistance at their10-week moving averages.

Although this is not an ideal time to buy stocks, the market can turn on a dime. So continue to build your watchlist to track the fastest-growing stocks that may be building new chart patterns and establishing fresh buy points for when the market rebounds.

Q3 Earnings: Best Growth Stocks To WatchScreen generated in MarketSmith| Data as of 10/7/21

Company Symbol EPS Est Cur Qtr % Comp Rating EPS Rating RS Rating SMR Rating
Steel Dynamics Inc STLD 800 95 95 84 A
Boot Barn Holdings Inc BOOT 345 99 98 96 A
Northeast Bank NBN 332 98 99 94 A
Diamondback Energy Inc FANG 329 99 94 97 A
Callon Petroleum Co CPE 281 98 85 99 A
Atkore Inc ATKR 224 99 99 97 A
Encore Wire Corp WIRE 186 99 98 95 A
Matson Inc MATX 170 99 95 91 A
Evercore Inc EVR 151 96 96 86 A
C A I International Inc CAI 126 98 98 91 A
Virtus Investment Ptnrs VRTS 114 99 99 93 A
Moelis & Company Cl A MC 104 96 81 92 A
Builders Firstsource Inc BLDR 100 98 99 87 A
Skyline Champion Corp SKY 100 97 99 94 A
Silvergate Cap Corp Cl A SI 97 99 99 99 A
Crocs Inc CROX 96 99 99 97 A
Power Integrations Inc POWI 95 98 87 88 A
N A P C O Security Tech NSSC 92 96 92 92 A
Taskus Inc Class A TASK 88 99 98 98 A
Techtarget Inc TTGT 83 99 99 87 A
Headhunter Group Plc Ads HHR 76 99 93 95 A
Endava Plc Cl A Ads DAVA 71 99 98 96 A
Metrocity Bankshares Inc MCBS 69 95 90 90 A
Alphabet Inc Cl A GOOGL 65 99 98 91 A
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