GOOGL Stock Leads List 26 Fastest-Growing Stocks For Q3

With Q3 earnings season underway, here’s a look at today’s fastest-growing stocks expecting 65% to 350% EPS increases in Q3 or their current fiscal quarter. Tech giant Alphabet (GOOGL) joins Boot Barn (BOOT) and leading IPOs TaskUs (TASK) and Telus International (TIXT) among 25 stocks that make the cut.


Featured recently as the IBD Stock Of The Day, Boot Barn tops the list, expected 350% EPS growth when it reports Oct. 27. GOOGL stock also makes this stock screen as it nears a buy point in a third-stage flat base.

After soaring from its first breakout in August, TaskUs began to pull back in late September. The provider of outsourced digital services and next-generation customer experiences for tech companies is now testing support at its 50-day moving average.

Oil and gas stocks Diamondback Energy (FANG) and Callon Petroleum (CPE) also make this list. They’re joined by building sector stocks Atkore (ATKR), Builders FirstSource (BLDR) and Louisiana Pacific (LPX).

GOOGL stock, Atkore, Diamondback Energy and Builders FirstSource all earns spots on the IBD 50 list of today’s fastest-growing stocks. Telus has made its way onto the IPO Leaders screen.

To make this screen, each stock must have a 95 or higher Composite Rating and an 80 or better EPS and RS rating. To avoid thinly traded stocks, the stocks must trade at least 400,000 shares a day on average.

Fastest-Growing Stocks Setting Up Ahead Of Earnings

With the stock market back in an uptrend and several leaders setting up potential buy points with earnings due, now is an ideal time to ready your watchlist.

While Telus and Diamondback Energy are extended, GOOGL stock has slipped below its 50-day line as it continues to build a flat base showing a 2,925.17 entry. Boot Barn is testing a recent buy point, while LPX stock is constructing a second-stage chart pattern.

TechTarget (TTGT), Skyline Champion (SKY) and Power Integrations (POWI) are also setting up.

Cloud stock Endava (DAVA) is floating at the top of its buy zone.

While it’s risky to buy stocks just before they report, you want to have your game plan in place and ready to act if a stock jumps after reporting. Keep an eye companies about to report with the earnings calendar which comes out each Friday.

Q3 Earnings: Best Growth Stocks To Watch

Screen generated in MarketSmith | Data as of 10/22/21
Company Symbol EPS Est Cur Qtr % Comp Rating EPS Rating RS Rating SMR Rating
Boot Barn Holdings Inc BOOT 350 99 99 96 A
Diamondback Energy Inc FANG 342 99 94 97 A
Northeast Bank NBN 332 98 99 88 A
Callon Petroleum Co CPE 292 99 85 99 A
Atkore Inc ATKR 225 99 99 97 A
Matson Inc MATX 221 99 95 88 A
Bonanza Creek Energy Inc BCEI 218 96 80 97 A
Encore Wire Corp WIRE 186 99 98 96 A
Evercore Inc EVR 176 97 96 90 A
Telus International Inc TIXT 140 99 99 86 A
Moelis & Company Cl A MC 137 96 82 92 A
Camtek Ltd CAMT 128 95 98 92 A
C A I International Inc CAI 126 99 98 89 A
Louisiana Pacific Corp LPX 122 96 98 91 A
Virtus Investment Ptnrs VRTS 114 99 99 91 A
Builders Firstsource Inc BLDR 100 98 99 91 A
Skyline Champion Corp SKY 100 96 99 95 A
Power Integrations Inc POWI 95 98 87 86 A
Taskus Inc Class A TASK 94 98 98 98 A
N A P C O Security Tech NSSC 92 97 93 93 A
Techtarget Inc TTGT 83 99 99 88 A
Headhunter Group Plc Ads HHR 76 99 93 96 A
Alpha & Omega Semicondtr AOSL 73 97 99 88 A
Endava Plc Cl A Ads DAVA 71 99 98 95 A
Alphabet Inc Cl A GOOGL 65 99 98 88 A

Follow Matthew Galgani on Twitter at @IBD_MGalgani.


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