Top Growth Stocks to Consider Purchasing on November 28
Top Stock Picks: Three stocks with strong growth characteristics and Zacks Rank #1 are highlighted: The Allstate Corporation (ALL), Great Lakes Dredge & Dock Corporation (GLDD), and Alarm.com Holdings, Inc. (ALRM), all showing significant earnings estimate increases over the past 60 days.
Allstate Corporation: This insurance company has a PEG ratio of 0.41 and a Growth Score of B, with a nearly 27% increase in current year earnings estimates.
Great Lakes Dredge & Dock Corporation: This dredging services company has a PEG ratio of 0.96 and a Growth Score of A, with a 7.8% increase in current year earnings estimates.
Quantum Computing Insights: The article discusses the rapid advancement of quantum computing, with major tech companies integrating it into their infrastructure, and highlights a report by Kevin Cook on stocks poised to lead in this emerging field.
Trade with 70% Backtested Accuracy
Analyst Views on GLDD
About GLDD
About the author

- Acquisition Proposal Investigation: Former Louisiana Attorney General Charles C. Foti and Kahn Swick & Foti are investigating the proposed acquisition of Great Lakes Dredge & Dock by Saltchuk Resources to assess the fairness of the transaction.
- Shareholder Return Analysis: Under the proposal, shareholders of Great Lakes will receive $17.00 per share in cash, and KSF is evaluating whether this price undervalues the company, potentially impacting shareholder interests.
- Legal Rights Consultation: KSF encourages shareholders who believe the transaction undervalues the company to contact them for legal advice, ensuring shareholders are informed of their rights and can participate in discussions.
- Urgency Reminder: The transaction is structured as a tender offer, making timing critical, and KSF urges shareholders to act promptly to protect their interests.

- Investigation Focus: Halper Sadeh LLC is investigating Tri Pointe Homes, Inc. (NYSE:TPH) for its sale to Sumitomo Forestry Co., Ltd. at $47.00 per share, potentially violating fiduciary duties to shareholders and impacting their rights.
- Cash Transaction: Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) is being sold to Saltchuk Resources, Inc. for $17.00 per share in cash, which may limit superior competing offers and harm shareholder interests.
- Merger Scrutiny: The merger of Northfield Bancorp, Inc. (NASDAQ:NFBK) with Columbia Financial, Inc. is also under investigation, with Halper Sadeh LLC potentially seeking increased compensation and additional disclosures for shareholders.
- Legal Support: Halper Sadeh LLC offers no-cost legal consultations aimed at assisting investors affected by securities fraud and corporate misconduct, highlighting its successful track record in recovering investor rights.
- Earnings Announcement: Great Lakes Dredge & Dock is set to release its Q4 earnings on February 16 before market open, with a consensus EPS estimate of $0.20, reflecting a 31% year-over-year decline, which may impact investor sentiment.
- Revenue Expectations: The company anticipates Q4 revenue of $216.3 million, representing a 6.7% year-over-year increase, indicating growth potential amid industry recovery, which could attract more investor interest in its future performance.
- Historical Performance: Over the past year, GLDD has beaten EPS estimates 100% of the time and revenue estimates 75% of the time, a strong performance record that may bolster market confidence ahead of the upcoming earnings report.
- Estimate Revisions: In the last three months, there have been no upward revisions to EPS estimates and three downward revisions, while revenue estimates saw one upward revision, reflecting a cautious market outlook on the company's future performance, potentially influencing investor decisions.
- Investigation Background: Halper Sadeh LLC is investigating European Wax Center (NASDAQ: EWCZ) for its sale to General Atlantic at $5.80 per share in cash, potentially violating fiduciary duties to shareholders.
- Shareholder Rights: The firm encourages European Wax shareholders to contact them to discuss their rights and options at no cost, emphasizing their commitment to protecting shareholder interests.
- Other Company Investigations: Additionally, Halper Sadeh LLC is also looking into Clear Channel Outdoor Holdings (NYSE: CCO) for its sale to Mubadala Capital at $2.43 per share in cash, which may also contain unfavorable terms for shareholders.
- Legal Remedies: The firm may seek increased consideration, additional disclosures, or other relief on behalf of shareholders to ensure their legal rights are upheld.
- Shareholder Rights Investigation: Johnson Fistel, PLLP has initiated an investigation into whether the board members of Great Lakes Dredge & Dock Corporation breached their fiduciary duties in relation to the proposed sale to Saltchuk Resources, aiming to protect shareholder interests.
- Transaction Value Concerns: Great Lakes announced a merger agreement with Saltchuk Resources, offering shareholders $17.00 per share in cash; however, the investigation raises questions about whether this deal adequately reflects the company's intrinsic value, potentially impacting long-term shareholder interests.
- Law Firm Achievements: In 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms, having recovered approximately $90.725 million for clients, demonstrating its effectiveness in advocating for investors' rights and securing significant recoveries.
- Invitation to Participate: Shareholders who believe the transaction undervalues their investment are encouraged to join the investigation to ensure their rights are protected, highlighting the importance of corporate governance and shareholder engagement.
- GLDD Options Volume: Great Lakes Dredge & Dock Corp (GLDD) saw options trading volume of 10,404 contracts today, representing approximately 100.4% of its average daily trading volume, indicating strong market interest in its future performance.
- High Call Option Activity: Within GLDD, the $15 strike call option has traded 2,588 contracts today, representing about 258,800 shares, suggesting investor expectations for future price increases.
- GOOG Options Trading Dynamics: Alphabet Inc (GOOG) has recorded an options trading volume of 240,390 contracts today, accounting for approximately 98% of its average daily trading volume, reflecting strong market interest in its stock.
- Surge in Call Option Trading: The $312.50 strike call option for GOOG has seen 11,999 contracts traded today, representing around 1.2 million shares, indicating investor confidence in its future growth potential.







