Best Growth Stocks to Buy Now for March 2022

At MAPsignals, we follow Big Money. Often this can be an institutional activity. We follow Big Money because it tends to produce outlier actions and drive markets. Lately, Big Money is selling out. In fact, March 7, 2022 was the best-selling day since the low of the pandemic:

The best outlier stocks (regardless of market capitalization) have three common traits: strong fundamentals, excellent technicals, and a track record of Big Money activity in stocks. At MAPsignals, we believe that Big Money trading can alert you to the fundamental picture of a stock. And we want the odds to be on our side when looking for the highest quality stocks.

Focusing on quality is key when markets are under pressure. Using the MAPsignals database, we filtered through various quality metrics to identify five potential long-term investment ideas: AMZN, ALGN, V, DPZ, and NVDA.

The first is Amazon.com, Inc. (AMZN), the online retail and technology giant.

Even though big stocks can be volatile, like AMZN this year, these companies deserve attention, especially when they have huge growing business segments, like Amazon Web Services. Check out AMZN:

  • Performance over 1 month (-15.7%)
  • Historical Big Money Signals

Just to show you what our Big Money signal looks like, take a look at the top buy signals that AMZN has created over time in the chart below. The blue bars show it was probably bought by a Big Money player according to MAPsignals.

When you see a lot of it, I call it the stairway to heaven:

Source: www.MAPsignals.com

But what about the fundamentals? As you can see, AMZN’s sales and earnings have been strong, and its earnings growth estimate looks good:

  • Sales growth rate over 1 year (+21.7%)
  • EPS growth rate over 3 years (+50.0%)
  • EPS growth estimate over 2 years vs 1 year (+47.9%)

Next is Align Technology, Inc. (ALGN), makers of the popular Invisalign teeth straightening system.

Check out these techniques for ALGN:

  • Performance over 1 month (-19.5%)
  • Historical Big Money Signals

Let’s look at the long term. These are the top buy signals Align Technology has issued since 2016. The love of Big Money is abundant, making this stock an outlier:

Source: www.MAPsignals.com

Now let’s dive deeper. As you can see, Align Technology achieved double-digit growth in sales and earnings:

  • Sales growth rate over 3 years (+28.3%)
  • EPS growth rate over 3 years (+86.4%)

The third growth stock idea is Visa Inc. (V), the credit card and payment technology company.

Good growth candidates usually have Big Money buying the stock. Visa to that. Additionally, the stock has fallen recently:

  • Performance over 1 month (-15.9%)
  • Historical Big Money Signals

Below are the Big Money signals that Visa has issued 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:

  • Sales growth rate over 1 year (+10.3%)
  • EPS growth estimate over 2 years vs 1 year (+18.3%)
  • Profit margin (+49.8%)

Number four on the list is a longtime Big Money favorite, Domino’s Pizza, Inc. (DPZ), which is the world’s largest pizza company.

Here are the important technical aspects for me:

  • Year-to-date performance (-30.0%)
  • Historical Big Money Signals

It is one of the best performing titles. Below are the top 20 Big Money buy signals for DPZ since 2011:

Source: www.MAPsignals.com

Let’s examine a little more. Domino’s has grown its profits well and expects this to continue, likely due to its profit margin:

  • EPS growth rate over 3 years (+16.9%)
  • EPS growth estimate over 2 years vs 1 year (+15.4%)
  • Profit margin (+11.7%)

Our latest candidate for growth is in the semiconductor industry, NVIDIA Corporation (NVDA). Its chips focus on graphics and networking, both of which are resource-intensive activities.

Check out these techniques:

  • Year-to-date performance (-27.0%)
  • Historical Big Money Signals

NVIDIA is over 100 days away from its 52-week high, but believe me, it’s still high-quality action. It has been part of the MAPsignals Top 20 report several times since 2015:

Source: www.MAPsignals.com

Now look under the hood. NVIDIA has been growing its sales and profits at high rates, and its profitability is also quite good:

  • Sales growth rate over 1 year (+61.4%)
  • EPS growth rate over 3 years (+47.6%)
  • Profit margin (+36.2%)

The essential

AMZN, ALGN, V, DPZ and NVDA represent the most important growth stocks to buy now for March 2022. Strong fundamentals and historic buy signals from Big Money make these stocks worthy of extra attention for investors at long term, despite recent declines.

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.

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