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29 February
Best Growth Stocks to Buy for February 29th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 29:

The Progressive Corporation PGR: This insurance holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

The Progressive Corporation Price and Consensus

The Progressive Corporation has a PEG ratio of 1.00 compared with 1.47 for the industry. The company possesses a Growth Score of B.

The Progressive Corporation PEG Ratio (TTM)

Sylvamo Corporation SLVM: This paper manufacturing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.7% over the last 60 days.

Sylvamo Corporation Price and Consensus

Sylvamo Corporation has a PEG ratio of 0.34 compared with 0.78 for the industry. The company possesses a Growth Score of B.

Sylvamo Corporation PEG Ratio (TTM)

Textron Inc. TXT: This company that operates in the aircraft, defense, industrial, and finance businesses carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Textron Inc. Price and Consensus

Textron Inc has a PEG ratio of 1.21 compared with 2.92 for the industry. The company possesses a Growth Score of B.

Textron Inc. PEG Ratio (TTM)

See the full list of top ranked stocks here.

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

Top 5 ChatGPT Stocks Revealed

Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”

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Sylvamo Corporation (SLVM) : Free Stock Analysis Report

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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.