3 Consumer Facing Growth Stocks To Buy For 2018

2. Polaris Industries Inc. (PII - Free Report)

Polaris is currently a Zacks Rank #1 (Strong Buy) and rocks a “B” grade for Growth in our Style Scores system. This helps the maker of popular off-road and all-terrain vehicles boast an overall “B” VGM score.

Polaris is expected to see its fiscal 2018 earnings hit $5.66 per share. This EPS growth would represent 16.72% year-over-year bottom line expansion from 2017’s projected total. Furthermore, within the last 60 days, Polaris has experienced nine upward earnings estimate revisions for its fiscal 2018, compared to no downgrades.

Shares of Polaris have skyrocketed 52% in 2017, which crushes the S&P 500’s average growth. Luckily for investors, despite a major Q3 beat, Polaris stock currently rests more than 6% below its 52-week high. This should give the stock plenty of room to grow before it has to break into a new range.

3. Callaway Golf Company (ELY - Free Report)

Callaway is currently a Zacks Rank #2 (Buy) and sports an “A” grade for Growth in our Style Scores system, which helps it earn an overall “A” VGM grade. The company is projected to see its top line expand by nearly 20% in its fiscal 2017 to hit $1.04 billion, based on our current Zacks Consensus estimates.

Looking ahead to next year, Callaway’s full-year revenues are expected to climb. What’s more, the company’s full-year 2018 EPS are projected to hit $0.59. This bottom line growth would mark a 15.01% climb from our 2017 projections. Callaway has also earned nine upward earnings estimate revisions for fiscal 2018 against no downgrades, all within the last 60 days.

Looking even further down the road, Callaway is projected to see its EPS grow at an annualized rate of 15% over the next three to five years.

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Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any ...

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