Despite Coronavirus, These 22 Fastest-Growing Companies Expect 25%-150% Growth In 2020

MATTHEW GALGANI(INVESTORS.COM) - The coronavirus pandemic has shut down or disrupted economies all over the world. Yet as the stock market rebounds, some of the fastest-growing companies, like Advanced Micro Devices (AMD), Netflix (NFLX), Nvidia (NVDA), Zoom Video Communications (ZM) and Dropbox (DBX), are still expecting big earnings growth in 2020.

GSX Techedu (GSX) and Quidel (QDEL) lead this list of the fastest-growing companies, with analysts EPS growth estimates for this year of 150% and 126%, respectively.

Analysts also expect strong earnings growth in 2020 from Vertex Pharmaceuticals (VRTX) (65%), AMD (59%), Netflix (56%) and Dropbox (46%).

Many of these stocks to watch listed here are also on other IBD screens. NFLX, VRTX and NOW are also on the IBD 50, IBD Big Cap 20 and Sector Leaders. ServiceNow is also on IBD Long-Term Leaders.

NVDA, DBX, AMD and newer IPO stocks ZM, Palomar (PLMR) and Tradeweb Markets (TW) have also made various IBD growth screens.

Source: https://tinyurl.com/ydx2emgt

This article was originally published on Investor's.com

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