5 Cheap Growth Stocks For Q2 2021

The quarter’s strength was driven by the trend toward digitalization, remote working, and cloud-based infrastructure. Since DELL is a supplier with an end-to-end IT infrastructure portfolio, the company can upsell services, which aid margins. Its proposed spinoff of VMware (WMW) will open more growth opportunities and generate more value for shareholders.

The company should also see strong demand for notebooks and its higher-margin gaming PCs. DELL has an overall grade of A, translating into a Strong Buy Rating in our POWR Ratings service. The company has a Growth Grade of A driven by analyst growth forecasts. Earnings are expected to increase 17.9% year over year in the current quarter after jumping 35% year over year in the last quarter.

The company also has a Value Grade of B. Its forward P/E is a paltry 11.89, and its price-to-sales ratio is only 0.8. We also grade DELL based on Momentum, Stability, Sentiment, and Quality. You can find those grades here. DELL is ranked #3 in the B-rated Technology – Hardware industry. You can find other top-ranked stocks in the industry by clicking here.

Agilent Technologies, Inc.

A is a leading supplier of analytical instrumentation and consumable products used for research and quality assurance applications by customers in the life sciences, chemical analysis, and diagnostics industries. The company was originally spun out of Hewlett-Packard in 1999 and is now a leader in the Life Sciences industry.

The company is benefitting from growth in the pharmaceutical market driven by strong momentum in small and large molecule applications. A is also seeing strong demand in the food market. But the company’s key catalyst to growth is innovation. The company has consistently introduced new and improved products, which have gained customer loyalty and allowed the company to capture more market share. 

A has an overall grade of A, translating into a Strong Buy rating in our POWR Ratings. The company has a Growth Grade B, which isn’t surprising after a strong quarter. In its most recent reported quarter, earnings per share rose 30.8% year over year, while revenues increased 13.9%. Analysts forecast 16.9% year over year earnings growth in the current quarter.

A also has a Value Grade of B. The stock is currently trading over 40% below its average price target. Please click here for the rest of A’s grades (Momentum, Stability, Sentiment, and Quality). A is ranked #1 in the Medical – Diagnostics/Research industry. You can find other great stocks in this industry by clicking here. 

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Roger Keats 2 months ago Member's comment

Good read