3 growth stocks to buy Put your fists in now

Even in a market rout, there are some stocks that look too good to be left out. When it all seems to be heading south, that’s when savvy investors prepare to pounce.

While it’s tempting to wait until all the dust has settled, it might be too late because everyone will be doing the right business. That is why Ross Stores (NASDAQ: ROST), Take-Two interactive software (NASDAQ: TTWO), and The original bark company (NYSE: BARK) are three growth stocks that investors might want to buy right now.

Bargain retailer, bargain stock

Eric Volkman (Ross Stores): Hopefully, as soon as possible, we will finally start to overcome the coronavirus pandemic. When we do, people will want and need to refresh their wardrobes, and clothing retailers will benefit. My choice is therefore an important player in the budget of this segment: Ross Stores.

The company is already doing a better job than many peers in getting through the epidemic. After suffering the mandatory store closures during the heavy part of the pandemic in early / mid-2020, Ross Stores came back in force as it began to reopen.

Reopenings, pent-up consumer demand, government stimulus payments, vaccine initiatives and well-targeted deals from the veteran thrift retailer have been a powerful brew in its two quarters reported for this year.

In the second quarter, the company exceeded expectations and those of analysts with an almost 80% year-over-year increase in sales to more than $ 4.8 billion. With a much larger improvement in net income, it increased more than 20-fold to $ 494 million. These results were achieved with a 13% increase in same-store sales, nearly double the Ross Stores forecast range for the quarter of 7%.

The company has a habit of underestimating its performance. He produced a 13% improvement in compounding for the first trimester, and that was after predicting that the figure would be negative, up to 1% to 5%.

So we shouldn’t be surprised if Ross Stores’ guidance for the third quarter is well below actual results. The company is already forecasting strong same-store sales growth of 10% to 11% for all of 2021, with net profitability of $ 4.20 to $ 4.38 per share. By the way, if realized, this latest projection would exceed 2020’s $ 0.24.

Finally, Ross Stores’ stock price is as attractive as most of its merchandise. The shares are currently trading at a futures price-to-earnings ratio of 0.25 over five years, which is a bargain even by standards of the disgraced retail industry.

Take your portfolio to the next level

Keith Noonan (Take-Two Interactive): Successful video game Grand Theft Auto V (GTA V) is the highest-grossing entertainment release in history, and its performance helped make Take-Two Interactive one of the industry’s biggest success stories. The game has demonstrated incredible longevity and has sold over 150 million copies since its release in 2013, and its hugely popular online mode has generated billions of dollars in high-margin revenue.

Better yet, Take-Two Interactive is set to release another updated version of the game for Sonyof the PlayStation 5 and Microsoftnext-gen Xbox consoles early next year. Not just the new Grand Theft Auto V Likely to add at least 10 million more unit sales to the hit title’s lifetime sales, it will also extend the life of its incredibly profitable online multiplayer mode.

Do you hear that sound? It is the money printing machines that are restarting. If the prospect of another very profitable GTA V the release is not enough to make you optimistic about the Take-Two action, the company is reportedly preparing a release that will contain updated versions of three hits previously released in the franchise. And if being responsible for one of the most successful and trusted game series is still not enough, keep in mind that Take-Two Interactive is more than just Grand Theft Auto.

The company’s annual payments into the NBA 2K The basketball franchise consistently ranks among the top-selling titles in their given release year, and Take-Two’s Red Dead Redemption 2 is one of the most successful titles of the last decade. The company is also responsible for franchises, including BioShock, Civilization, and Kerbal Space Program, and its strong portfolio of established series and proven development and marketing teams should help the publisher continue to deliver strong performance and deliver big gains to shareholders.

Bark the right tree with this growth stock

Rich Duprey (The Original Bark Company): Spending on pets, feed and animal care continues to rise steadily, jumping nearly 7% during the pandemic. The American Pet Products Association estimates it will grow another 6% this year, reaching nearly $ 110 billion.

Because dogs are the # 1 pet in the United States, accounting for 69% of pet-owning households (vs. 45% with a cat), The Original Bark Company is poised to capitalize on humanization. continued animals by their owners.

The APPA says most consumer spending is on food and sweets, at $ 44 billion, or 40% of the total forecast for 2021.

Bark is a subscription service for dogs; his most notable offering being his monthly BarkBox which delivers toys, treats and supplements to a pet parent’s home. Total revenue for the last quarter grew 57% year-over-year to nearly $ 118 million, with its direct-to-consumer operations accounting for 90% of the total (Bark products are also sold at retailers nationwide, including Target, Petco, PetSmart and Wholesale Costco.

Gross profit grew an equally impressive 49% due to an increase in active subscriptions, which rose 41% to 1.95 million. However, the customer churn rate rose to 7.4% from 6.2% a year ago, likely due to a post-pandemic retail store reopening, a situation that increased its costs of customer acquisition of around 60%.

The figure from a year ago was actually depressed due to the COVID-19 outbreak, which has made customer acquisition exceptionally easy and cheap for online retailers, but it helps explain why the Bark’s stock is down 44% year-to-date and more than 58% from its 52-week high.

This makes The Original Bark Company a good deal. An estimated 63 million homes have a dog, and Bark only penetrated 1.9 million, giving him a huge avenue for growth.

With a growing ability to leverage its expanding customer data assets to personalize its products for pets, as well as introduce innovative new ways to tap into new households that have yet to try its service, Bark is only beginning to unleash his potential.