A poor jobs report didn’t derail the markets last week. New jobs in April totaled just 266,000, well below the expected 978,000, and the official unemployment rate, which was expected to hit 5.8%, actually edged up to 6.1%. Even so, the technology-weighted NASDAQ gained 0.88% in Friday’s session, the larger S&P 500 rose 0.75% by the end of the day. These gains took the S&P to a new all-time high, gaining 13% year-to-date. Market growth so far this year has been widespread, based on a general economic reopening as corona panic narrows in the rearview mirror. Widespread market gains create a positive environment for growth stocks. Using the TipRanks database, we extracted three stocks that fit a profile: a buy rating from Wall Street, recent stock appreciation that is sharply outperforming all markets, and considerable upside potential, indicating that ‘they can still be undervalued. Here are the details. Crocs (CROX) We’re going to start in footwear, where Crocs took the world by storm almost 20 years ago, when they started selling their brand of foam clogs. The shoes were big, bright, and even tacky – but they caught on and succeeded, and the company has since branched out into more traditional footwear, including sandals, sneakers, and even dress shoes. The brand has become popular with teens, who see it as ‘ugly chic’ and retro – but have driven sales. And increasing sales is the point of the game. The company’s quarterly revenue hit its recent low in the fourth quarter of 2019 and has since recorded 5 consecutive quarter-over-quarter gains, with the last three also being year over year earnings. The most recent quarterly reports, released last month for 1Q21, showed $ 460.1 million on the high line, a company record and a 63% year-over-year gain. EPS, at $ 1.47, was down from $ 2.69 in the fourth quarter – but up more than 800% from the 16 cents recorded in the quarter last year. This gain helped to cap a year in which CROX shares have appreciated 374% and are still on the rise. Crocs’ outperformance caught the attention of Piper Sandler analyst Erinn Murphy, who is ranked in the top 10% of Wall Street stock market professionals. “We commend the Crocs team for their continued execution, disciplined inventory and account management, and underlying reinvestments in the health of the brand. Additionally, with strong visibility in Q2 (sales forecast + 60% to 70%) and 2H estimates progressing easily with strong backlog plans to boot, we think bears worried about the sustainability of the Brand dynamics will need to hibernate for an additional 12 months, ”Murphy noted. To that end, Murphy gives CROX an overweight (i.e. buy) rating, and his price target of $ 140 suggests he’s up about 29% over the next 12. month. (To look at Murphy’s track record, click here) It’s clear Wall Street generally agrees with Piper Sandler’s take on Crocs. The stock has 8 recent reviews, including 6 buy and 2 hold, giving the stock its Strong Buy consensus rating. The share price is $ 108.92 and the average target of $ 123.75 indicates room for growth of around 14% over the coming year. (See CROX stock review on TipRanks) Cleveland-Cliffs, Inc. (CLF) We will continue our growth stock review with Cleveland-Cliffs. This Ohio-based mining and steel company has four active iron mines in northern Minnesota and Michigan. The company started out as a miner and in 2020 acquired two steel companies, AK Steel and ArcelorMittal USA, and has become both self-sufficient in the steel industry, from earth to foundry, and the largest North American producer of flat rolled steel. The company has seen its shares rise significantly in recent quarters, thanks to rising revenues. CLF is up 393% from that period a year ago, surpassing the S&P’s 44% gain in one year. The Cleveland-Cliffs increase came as the company generated more than $ 1 billion in revenue for four consecutive quarters. The most recent quarter, 1Q21, posted $ 4.02 billion on the top line. Although slightly lower than analysts’ expectations, that total was up 84% from the fourth quarter and almost 10 times higher than the $ 385.9 million in the quarter last year. On the earnings side, CLF posted modest net income of $ 41 million in the quarter, or 7 cents per share. This is a solid turnaround from last year’s quarter net loss of $ 52 million, or 18 cents per share. The earnings and profit gains are seen as a benchmark for the company, which is entering its first full year as a self-sufficient iron miner and steelmaker. In addition to starting the year on a positive note, the company also boasted $ 1.8 billion in liquidity. Lucas Pipes, 5-star analyst at B. Riley, writes of Cleveland-Cliffs: “With near-term cash flow expected to be robust ($ 2.3 billion forecast for 2021), the company expects use excess cash flow to aggressively reduce debt. We see low leverage as a strategic priority for the company at this time, as it proves the benefits of its fully integrated model. In our opinion, Cleveland-Cliffs represents the most attractive value of the space. The comments confirm Pipes’ buy rating, and he sets a price target of $ 24 that implies upside potential of 56% year-on-year. (To view Pipes’ track record, click here) Overall, the street view of CLF is currently divided evenly down the middle. 3 purchases and 3 withholdings correspond to a consensual moderate purchase rating. The average price target is $ 25.40 and implies that analysts see the stock rise by about 20% from current levels. (See CLF stock market analysis on TipRanks) Atlas Air (AAWW) Last but not least, Atlas Air, a $ 2 billion player in the aviation industry. Atlas operates as a freight airline and passenger charter service, and an aircraft rental company for other airlines, leasing aircraft as well as air and ground crew services. The company controls a fleet of Boeing commercial jets, including 747s, 777s, 767s and 737s, configured for a variety of roles. As one can imagine, Atlas saw its business decline during the corona pandemic – but was able to weather the crisis due to the long-term nature of most of its leases. The top line is up 33% year-over-year for 1Q21, to $ 861.3 million. Profits, at $ 3.05 per share, are positive, and although they were down $ 6.20 in the fourth quarter, they are up 238% from the quarter last year. The company expects business to continue this year as demand for air cargo exceeds supply given the rapid pace of economic reopening. Over the past 12 months, Atlas Air has seen strong share growth, rising 108%. Still, Truist’s 5-star analyst Stephanie Benjamin believes the stock has more room to grow. “We believe that AAWW’s diverse fleet and international reach positions the company favorably to capitalize on the increased demand for air cargo due to the global growth of e-commerce and continued supply chain disruptions. Additionally, while the AAWW was clearly a ‘COVID beneficiary’, we believe its increased focus on long-term contracts over the past year has fundamentally strengthened its business model and should provide greater revenue visibility. / benefits in the future, ”said Benjamin. Unsurprisingly, Benjamin is pricing the stock at Buy, with a price target of $ 95 which implies a 28% rise this year. (To see Benjamin’s track record, click here) Overall, Wall Street agrees with Benjamin’s call on this. and all are to be bought, which is the unanimity of the Strong Buy consensus. With an average price target of $ 86.67 and a current price of $ 74.03, this stock is up 17% year on year (see AAWW stock analysis on TipRanks) stocks at attractive valuations, check out the best stocks to buy from TipRanks, a newly launched tool that brings together all the information about TipRank stocks. Disclaimer: The opinions expressed in this article are those of featured analysts only. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.