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So, there’s no wonder so many companies saw sky-high growth rates. But as we continue to move on from the pandemic, we can’t expect that type of growth to continue for so many stocks. Even in the next few quarters, overall earnings growth should slow down compared to quarters where companies have already bounced back. However, some companies are still expected to see sky-high growth in the coming years.
But, how do you find them? It’s easy with our POWR Ratings system. All I had to do was run a screen for Buy-rated stocks with a Growth Grade of A or B and a projected earnings rate of over 50% per year over the next five years. Three of my top favorites are Sanderson Farms, Inc. (SAFM), Ulta Beauty, Inc. (ULTA), and SBA Communications Corporation (SBAC).
