Stocks

Spotlight on High-Potential Growth Stocks for Early September

Published September 7, 2024

As investors sought potential heavy-hitters in the growth stock segment, a trio of companies emerged on the Zacks Rank #1 (Strong Buy) list on September 6th, 2024. CarGurus, Inc. CARG, AudioEye, Inc. AEYE, and Unilever PLC UL secured spots as top picks for growth-oriented investors looking to capitalize on companies with robust prospects. While not featured in the Zacks Rank #1 list, Luminar Technologies Inc. LIDR is another stock to watch in the growth segment.

CarGurus, Inc. - The Digital Automotive Marketplace Leader

Headquartered in Cambridge, Massachusetts, CARG operates a cutting-edge online marketplace, facilitating an easy and transparent connection between car buyers and sellers. With a comprehensive presence both domestically and internationally, CarGurus addresses the evolving demands of automotive trade through innovative technological solutions, making it a compelling choice for growth investors.

AudioEye, Inc. - Bridging Gaps in Digital Accessibility

Based in Tucson, Arizona, AEYE offers a suite of software solutions to enhance the accessibility of internet content and other media, regardless of users' technical constraints or physical disabilities. Serving a growing need for inclusive digital experiences, AudioEye presents a notable opportunity for those emphasizing investments that combine growth potential with societal impact.

Unilever PLC - Consumer Goods Giant with Global Reach

UL, headquartered in London, is a well-established name in the fast-moving consumer goods sector, boasting an extensive footprint across multiple continents including Asia, Africa, and Europe. With a broad portfolio of products and a commitment to sustainability, Unilever continues to be a favorite among investors looking for steady growth in the consumer space.

Keeping an Eye on Luminar Technologies Inc.

Although not among the Zacks Rank #1, LIDR remains a stock worth monitoring. As a company specializing in advanced sensor technologies for autonomous vehicles, Luminar Technologies positions itself as an innovative force in an industry on the cusp of transformation, making it an intriguing option for growth-focused portfolios.

CARG, AEYE, UL, LIDR