For the fourth quarter, the average annual growth rate is predicted to rise by 3.3% year-over-year. This will be the highest increase in more than ten years. Investors should look for growth stocks that have the greatest potential to grow. Ryder System, Inc., Greif Inc., (NYSE:), are just three examples. Westlake Chemical Corporation (NYSE:). The Q3 Earning Season, which starts this week, is a catalyst I feel will have a positive impact on stock prices for the fourth quarter of 2021. This year’s first and second quarter finished with the average year-over-year earnings growth rates for the S&P 500 of 52.3% and 90.9%. Although I do not expect the same level of growth in this quarter, it is expected that there will be solid growth.

According to FactSet, this quarter’s year-over-year earnings rate is currently 27.6%. This is the highest rate of earnings growth since 2010. Given that historical earnings growth rates have been slightly higher than those estimated, this could mean that average earnings growth is as high as 35%. This makes it the third consecutive quarter with year-over-year earnings increases above 30%.

Materials and Industrials have the fastest growth rates if we look deeper. Investors should be considering stocks in these industries, including Ryder System, Inc., Greif Inc., Westlake Chemical Corporation, (WLK), and Greif Inc.

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