Yahoo Finanza Best Growth Stocks to Buy Now for March 2022
At MAPsignals, we follow the Big Money. Oftentimes, that can be institutional activity. We follow Big Money because it tends to produce outlier stocks and drive markets. As of late, Big Money is selling. In fact, March 7, 2022, was the biggest selling day since the pandemic lows:
The best outlier stocks (regardless of market cap) have three common traits: strong fundamentals, great technicals, and a history of Big Money activity in the shares. At MAPsignals, we believe Big Money trading can alert you to the forward fundamental picture of a stock. And we want the odds on our side when looking for the highest quality stocks.
Focusing on quality is critical when markets are under pressure. Using the MAPsignals database, we’ve filtered for various quality metrics to identify five ideas for potential long-term investment: AMZN, ALGN, V, DPZ, & NVDA.
Up first is Amazon.com, Inc. (AMZN), the online retail and technology behemoth.
Even though great stocks can be volatile, like AMZN this year, these companies are worthy of attention, especially when they have huge growing business segments, like Amazon Web Services. Check out AMZN:
1-month performance (-15.7%)
Historical Big Money signals
Just to show you what our Big Money signal looks like, have a look at the top buy signals AMZN has made over time in the chart below. Blue bars are showing it was likely being bought by a Big Money player according to MAPsignals.
When you see a lot of them, I call it the stairway to heaven:
Source: www.MAPsignals.com
But, what about fundamentals? As you can see, AMZN’s sales and earnings have been strong, and its earnings growth estimate is looking good:
1-year sales growth rate (+21.7%)
3-year EPS growth rate (+50.0%)
2-year vs. 1-year EPS growth estimate (+47.9%)
Next up is Align Technology, Inc. (ALGN), the makers of the popular Invisalign tooth straightening system.
Check out these technicals for ALGN:
1-month performance (-19.5%)
Historical Big Money signals
Let’s look long-term. These are the top buy signals Align Technology has made since 2016. The Big Money love is abundant, which makes this stock an outlier:
Source: www.MAPsignals.com
Now let’s dive deeper. As you can see, Align Technology has had double-digit growth in sales and earnings:
3-year sales growth rate (+28.3%)
3-year EPS growth rate (+86.4%)
The third growth stock idea is Visa Inc. (V), the credit card and payments technology company.
Strong candidates for growth usually have Big Money buying the shares. Visa has that. Also, the stock has fallen recently:
1-month performance (-15.9%)
Historical Big Money signals
Below are the Big Money signals Visa has made since 2016. That’s the JUICE!
Source: www.MAPsignals.com
Now let’s look under the hood. Visa’s sales growth is solid. And given its strong market presence, growth prospects, and profitability, I expect more growth in the coming years:
1-year sales growth rate (+10.3%)
2-year vs. 1-year EPS growth estimate (+18.3%)
Profit margin (+49.8%)
Number four on the list is a long-time Big Money favorite, Domino’s Pizza, Inc. (DPZ), which is the largest pizza company in the world.
Here are the technicals important to me:
YTD performance (-30.0%)
Historical Big Money signals
It’s one of the most successful stocks out there. Below are the Top 20 Big Money buy signals for DPZ since 2011:
Source: www.MAPsignals.com
Let’s examine a bit more. Domino’s has been growing earnings nicely and expects that to continue, likely due to its profit margin:
3-year EPS growth rate (+16.9%)
2-year vs. 1-year EPS growth estimate (+15.4%)
Profit margin (+11.7%)
Our last growth candidate is in the semiconductor industry, NVDIA Corporation (NVDA). Its chips focus on graphics and networking, both of which are resource-intensive activities.
Check out these technicals:
YTD performance (-27.0%)
Historical Big Money signals
NVDIA is more than 100 days from its 52-week high, but believe me, it’s still a high-quality stock. It’s made the MAPsignals Top 20 report many times since 2015:
Source: www.MAPsignals.com
Now look under the hood. NVDIA has been growing sales and earnings at big rates, and its profitability is quite good too:
1-year sales growth rate (+61.4%)
3-year EPS growth rate (+47.6%)
Profit margin (+36.2%)
The Bottom Line
AMZN, ALGN, V, DPZ, & NVDA represent top growth stocks to buy now for March 2022. Strong fundamentals and historical Big Money buy signals make these stocks worthy of extra attention for long-term investors, despite recent dips.
To learn more about MAPsignals’ Big Money process please visit: www.mapsignals.com
Disclosure: the author holds long positions in V and DPZ in managed accounts.
Contact:
https://mapsignals.com/contact/
This article was originally posted on FX Empire
