3 Monster Growth Stocks That Earn A "Perfect 10"

in #money4 years ago

The perfect stock can be hard to find. There are just so many questions to answer, and so many boxes to check. Does it have a reliable history of share appreciation? Is it resilient in hard times? What do insiders think of it, or hedge funds? The forest of possible questions is intimidating, even for experienced investors. It’s part of the reason why successful stock investing is sometime seen as more art than science.

The Investing Insights platform aims to change that, bringing science to bear on the art. The platform collates and categorizes the raw data, making visible the trends in new fewer than 6 informative categories – all of which have been shown to predict stock performance. Distilling the results down to a single-digit score, the tool makes investors a quick reference guide to judge their stock picks.

The results can be interesting. Big-name stocks may turn out to have, according to the data, a low score – and sometimes, the high-scoring stocks are some of the ones you’ve never heard of. Here are three of the latter, some stocks that maneuver under the radar but deserve a closer look.

Lazydays Holdings (LAZY)

Social distancing may have hurt the economy, but some sectors – even some obscure sectors – found it to be an opportunity. Recreational vehicles are one such. With an RV, individuals and families can go on vacation, without breaking the social distancing restrictions so many states have put in place. Lazydays (NASDAQ:LAZY), a holding company, inhabits the RV market. Through its subsidiaries, the company sells and leases RVs, and offers essential repair and maintenance services.

LAZY’s Q2 results showed a 27% revenue gain year-over-year, despite the recessionary pressures of the corona crisis. RV unit sales, sales of individual RVs, were up 41%. Overall, the second quarter showed a solid foundation for the company. Since the start of the second quarter, LAZY shares have grown a whopping 673%.

Steven Dyer, 5-star analyst with Craig-Hallum, notes of LAZY that “July EBITDA has already surpassed all of Q3-19 ($5.3
M).” He goes on to add, “We believe that LAZY is in the early innings of a multi-year growth period through the consolidation of the highly fragmented RV dealer market. With a robust pipeline of acquisition candidates, we expect the company will continue in its consolidation strategy. We believe this strategy will drive significant shareholder value…”

Dyer’s Buy rating is backed with an $18 price target, implying a 20% one-year upside potential for the shares. Dyer’s is the only recent review on record for this stock. (See LAZY stock analysis)

LAZY Smart Score

(Image not shown due to low ratings)




(Image not shown due to low ratings)





(Image not shown due to low ratings)


Images were hidden due to low ratings.
Sort:  

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://themoneymanifesto.com/2020/08/12/3-monster-growth-stocks-that-earn-a-perfect-10/