Top Buy Stocks: Oportun, Priority, and DNOW Shine Today

Investors should take note of Oportun Financial, Priority Technology, and DNOW as recommended stocks. Oportun's earnings estimate has risen by 9.2%, Priority's by 4.1%, and DNOW's by 18.6%, suggesting strong performance ahead for these companies.

Date: 19-02-2025

AI Rating: 7

Stock Recommendations and Earnings Estimates

This report highlights three stocks that are rated favorably for investors: Oportun Financial Corporation, Priority Technology Holdings, and DNOW Inc. Each of these companies carries a Zacks Rank of #1, which is considered a strong buy signal.

Focusing on earnings increases, Oportun Financial Corporation has seen a significant 9.2% rise in the Zacks Consensus Estimate for its current year earnings over the last 60 days. Such an increase in earnings estimates is generally viewed positively and often leads to increased stock prices due to higher expectations from investors.

Similarly, Priority Technology Holdings has had an increase of 4.1% in its earnings estimates for the next year. While this increase is not as substantial as Oportun's, it still presents a favorable outlook for investors. The comparison of its P/E ratio of 15.04 to the S&P average of 24.81 further indicates it may be undervalued, increasing its attractiveness to investors.

Furthermore, DNOW Inc. stands out with an impressive 18.6% increase in the Zacks Consensus Estimate for its next year earnings. This strong growth potential in earnings is likely to draw investor interest, which can positively affect the stock price as well.

Another notable aspect is the low price-to-earnings ratios for Oportun and Priority, which generally indicate good value compared to the industry averages. Oportun has a P/E ratio of 7.11, significantly lower than the S&P, while Priority's P/E is 15.04 against the S&P's 24.81. This low P/E ratio coupled with positive earnings forecasts may suggest that both stocks are undervalued, potentially enticing investors seeking value.

Stocks: OPRT PRTH DNOW