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Best Growth Stocks to Buy for May 14th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 14th:

PDD Holdings Inc. (PDD - Free Report) : This company which provides an e-commerce platform allowing users to participate in group buying deals, primarily through Tencent's Wechat app, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18% over the last 60 days.

PDD Holdings has a PEG ratio of 0.34 compared with 0.58 for the industry. The company possesses a Growth Score of A.

MINISO Group Holding Limited (MNSO - Free Report) : This retailer which offers design-led lifestyle products, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

MINISO Group Holding Limited has a PEG ratio of 1.05 compared with 1.29 for the industry. The company possesses a Growth Score of B.

Royal Caribbean Cruises (RCL - Free Report) : This cruise company which owns and operates three global brands — Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.

Royal Caribbean Cruises has a PEG ratio of 0.43 compared with 1.60 for the industry. The company possesses a Growth Score of B.

 

See the full list of top ranked stocks here.

 

Learn more about the Growth score and how it is calculated here.

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