3 Monster Growth Stocks That Can Charge Forward in 2021

With the end of 2020, there is a growing belief that 2021 will be a growth year for stock markets. The U.S. elections have brought back a divided government that is unlikely to have the vast majority - or support - necessary to pass sweeping reform laws from right or left, and that bodes well for the economy in general.
The COVID vaccines are currently on sale and while new antivirus lockdowns are also being rolled out, there is a feeling that the end of the pandemic may be near.
According to the analyst community, some names reflect serious growth games. These are stocks that have made impressive gains since the start of the year and are poised to continue growing beyond the end of 2020.
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With that in mind, we used TipRanks' database to search the street for tickers that fall into this category. For three in particular, analysts believe any name that happens to also have a consensus rating of "Strong Buy" can keep the rally alive in 2021.
SunOpta (STKL)
The first stock on this growth list is SunOpta, a health snack company. The company's line of products includes herbal drinks, fruit-based snacks, broths and broths, teas, and sunflower and toasted snacks. The company markets through private label and co-manufacturing distribution as well as through food service institutions.
SunOpta has a market cap of $ 962 million after a year of staggering share price growth. The stock gained an impressive 328% that year, far outperforming general markets.
The company's revenue for the third quarter was $ 314.9 million, up 6.4% year over year. With a net loss of 1 cent, EPS was better than the expected loss of 2 cents - and far better than the loss of 11 cents reported in the same quarter of the previous year.
The company's solid performance caught the attention of Craig Hallum analyst Alex Fuhrman. The analyst rates STKL a Buy along with a price target of USD 15. This number implies a year-long upward movement of 40% from current levels. (To see Fuhrman's track record, click here.)
Fuhrman reiterated his stance, writing, "We believe that the company's focus on high quality plant-based foods and beverages should enable a premium valuation with upside opportunities for estimates as the economy recovers from COVID."
Fuhrman's optimism is largely based on SunOpta's niche. The analyst commented, “We expect plant-based food stocks to receive a premium rating for other food companies for the foreseeable future as the growth trends are faster and there are compelling environmental benefits. With sales of just $ 4.5 billion, plant-based products now account for less than 1% of the food market of $ 695 billion, but it's easy to imagine that over time they would represent a double-digit share of food sales. "
Wall Street doesn't always come together unanimously, but in this case it does. The SunOpta analysts' consensus rating for Strong Buy is unanimous and based on 3 Buy ratings. The stock sells for $ 10.70. With an average price target of USD 15, SunOpta has a growth potential of 40%. (See STKL stock analysis on TipRanks)
Green Brick Partners (GRBK)
Housing construction was a ray of hope in the economy last year. When people moved out of the cities to avoid COVID, they went to the suburbs and suburbs - and that increased the demand for single family homes. Green Brick is a land development and home acquisition company based in Texas. The company invests in real estate, mainly land, and then provides land and construction finance for the development projects.
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