As reporting for the 2020 earnings season comes to an end, it's time to look ahead at Q1 2021 estimates for today's fastest-growing stocks. Here's a look at 23 stocks, including Pinterest (PINS), Etsy (ETSY) and Deere (DE), expecting 100% to 2,883% growth in the first quarter.
XTernium (TX) leads the list, with consensus analyst estimates calling for 2,883% EPS growth in Q1. Based in Luxembourg, the steel-maker has been on a roller-coaster ride since going public in 2006. After producing 486% earnings growth in Q4, TX stock is trying to complete a second-stage chart pattern.
Although Pinterest got off to a rocky start from its debut in 2019, PINS has become one of the best IPO stocks to watch. The visual social media stock has delivered average annual sales growth of 50% over the past three years. Earnings growth has also started to kick in. Pinterest posted 258% EPS growth last quarter and analysts see a 160% increase in Q1. That performance has earned PINS stock a spot on IPO Leaders, as well as the IBD Big Cap 20.
Etsy is also among today's fastest-growing stocks. Over the past three years, the internet retailer and e-commerce platform has crafted average annual earnings growth of 83%. After already delivering 332% EPS growth in Q4 as it smashed EPS and sales estimates, analysts expect Etsy to generate a 290% gain in Q1. In addition to being on the IBD 50 list of growth stocks and the IBD Big Cap 20, ETSY stock is also on Sector Leaders, IBD's most stringent stock screen.
Farming industry giant Deere has cultivated a huge resurgence, soaring off its coronavirus lows. DE stock has climbed to new highs, finding solid support right along its 10-week moving average. At last month's 2021 CES trade show, Deere and Caterpillar (CAT) showcased robotic vehicles for farming and mining. Like Etsy, DE stock is also on the IBD 50 and the IBD Big Cap 20. Deere is on pace to plow 7% higher for the week, marking a fourth-straight weekly gain.
Pinterest, Etsy and DE stock each sport the highest-possible 99 Composite Rating, meaning they are outperforming 99% of all stocks in terms of the most important stock-picking traits.
Find The Best Growth Stocks To Buy And Watch With IBD Stock Screener
Fastest-Growing Stocks Expecting Over 100% Earnings Growth Q1
Generated using MarketSmith, the stock screen below lists stocks expecting at least 100% EPS growth for the first quarter of 2021, or their equivalent fiscal year.
Each stock on the list must also meet the following criteria:
- 95 or higher Composite Rating
- 80 or better EPS Rating and RS Rating
- Accumulation/Distribution Rating of A, B or C
- $12 or higher current share price
- Average daily trading volume of at least 400,000 shares
While earnings growth is one of the key CAN SLIM traits, it's not the only one. When choosing which stocks to buy and watch, be sure to take a holistic look at the company and its stock.
General market direction, fundamental strength, chart action, institutional support and other factors are essential to understanding how to invest in stocks.
Company | Symbol | EPS Est Cur Qtr % | Comp Rating | EPS Rating | RS Rating | SMR Rating | A/D Rating |
---|---|---|---|---|---|---|---|
Ternium Sa Adr | TX | 2,883 | 97 | 97 | 84 | C | B+ |
OneMain Holdings Inc | OMF | 763 | 95 | 90 | 83 | A | B+ |
Cowen Inc Cl A | COWN | 668 | 99 | 99 | 91 | A | A |
Louisiana Pacific Corp | LPX | 618 | 97 | 90 | 82 | A | B |
Textainer Group Holdings | TGH | 435 | 99 | 95 | 94 | C | A |
Cadence Bancorp | CADE | 370 | 96 | 89 | 88 | B | B |
Kulicke & Soffa Ind Inc | KLIC | 314 | 99 | 82 | 90 | A | B+ |
Etsy Inc | ETSY | 290 | 99 | 99 | 92 | A | B- |
Bunge Ltd | BG | 210 | 98 | 82 | 80 | B | A- |
Regions Financial Corp | RF | 207 | 96 | 84 | 83 | C | A- |
MarineMax Inc | HZO | 196 | 97 | 99 | 89 | A | B |
ASML Holding N.V. NY | ASML | 191 | 98 | 95 | 83 | A | B- |
Align Technology Inc | ALGN | 173 | 95 | 95 | 88 | A | C |
Southern Copper Corp. | SCCO | 164 | 99 | 93 | 86 | A | A- |
Pinterest Inc Cl A | PINS | 160 | 99 | 84 | 96 | A | A |
Boot Barn Holdings Inc. | BOOT | 115 | 95 | 83 | 91 | C | B |
Ii-Vi Incorporated | IIVI | 110 | 97 | 98 | 89 | A | B- |
Generac Hldgs Inc. | GNRC | 110 | 99 | 95 | 92 | A | B+ |
Deere & Co. | DE | 104 | 99 | 93 | 88 | B | B+ |
Staar Surgical Co. | STAA | 100 | 97 | 91 | 94 | B | B- |
Brooks Automation | BRKS | 100 | 98 | 94 | 85 | B | C- |
Upwork Inc. | UPWK | 100 | 96 | 80 | 98 | C | A- |
Silvergate Cap Corp. Cl A | SI | 100 | 98 | 93 | 99 | B | A- |
Follow Matthew Galgani on Twitter at @IBD_MGalgani.
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