5 Hot Dirt-Cheap Growth Stocks To Buy Now

3.       Sonic Automotive, Inc. (SAH - Free Reportis an auto retailer, which sells new and used cars. Auto sales have been hot as people don’t want to take public transit due to the pandemic. Shares are up 33% year-to-date. Earnings are expected to rise 29.4% in 2020. It’s still cheap with a forward P/E of only 12.

4.       Stewart Information Services (STC - Free Reportis a global title insurance and real estate services company with a market cap of $1.1 billion. In the second quarter, it saw one of the strongest quarters in recent history as refinances and purchase transactions jumped thanks to low mortgage rates. Earnings are expected to rise 48% in 2020 giving it a forward P/E of just 10.6.

5.       Sportsman’s Warehouse (SPWH - Free Reportis seeing record-breaking results thanks to strong firearm sales due to the pandemic and protests, as well as strong outdoor sales on things like camping equipment and fishing, as Americans relax outside. All categories were strong in the fiscal second quarter with same-store-sales up 61% and e-commerce up 300%. Sales are expected to rise 39.7% this year. Shares have soared 72% year-to-date but it’s still dirt cheap with a forward P/E of 9.  

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Disclaimer: Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the  more

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