ATI

ATI (Allegheny Technologies) closed down 3.28% but maintains a Zacks Rank #1 Strong Buy rating. The steel and specialty metals maker is expected to report Q3 2026 earnings of $1.36 per share (60% YoY growth) and revenue of $1.32 billion (17.42% YoY growth). While trading at a premium Forward P/E of 36.9 versus industry average of 31.25, its PEG ratio of 1.15 is favorable compared to the industry average of 1.94, suggesting reasonable valuation relative to growth prospects.

ATI, a steel and specialty metals manufacturer, is highlighted as a strong growth stock with a Zacks Rank #1 (Strong Buy) and Growth Score of B. The company demonstrates impressive earnings growth of 58.3% expected this year, efficient asset utilization with an S/TA ratio of 0.89, and positive earnings estimate revisions, positioning it well for outperformance among growth investors.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and strong growth characteristics: Ultrapar Participacoes (UGP), a major Brazilian industrial distributor with a PEG ratio of 0.44 and 7.7% earnings estimate increase; ATI Inc. (ATI), a specialty materials producer with a PEG ratio of 1.15 and 7.8% earnings estimate increase; and monday.com (MNDY), a software platform provider with a PEG ratio of 0.88 and 1.5% earnings estimate increase.