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Top Ranked Growth Stocks to Buy for May 2nd

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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, May 2nd:

The Chemours Company (CC - Free Report) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings rising 19.3% over the last 60 days.

Chemours has a PEG ratio 0.89, compared with 1.59 for the industry. The company possesses a Growth Score of A.

Mercadolibre, Inc. (MELI - Free Report) : This major online trading platform in Latin America has witnessed the Zacks Consensus Estimate for its current year earnings rising 4.2% over the last 60 days

MercadoLibre, Inc. Price and Consensus

 

MercadoLibre, Inc. Price and Consensus | MercadoLibre, Inc. Quote

Mercadolibre has a low PEG ratio of 2.02. The company possesses a Growth Score of A.

Louisiana-Pacific Corporation (LPX - Free Report) : This manufacturer and seller of building products has witnessed the Zacks Consensus Estimate for its current year earnings rising 12.6% over the last 60 days.

Louisiana-Pacific has a low PEG ratio of 3.4. The company possesses a Growth Score of A.

Methanex Corporation (MEOH - Free Report) : This producer and supplier of methanol has witnessed the Zacks Consensus Estimate for its current year earnings rising more than 100% over the last 60 days.

Methanex Corporation Price and Consensus

 

Methanex Corporation Price and Consensus | Methanex Corporation Quote

Methanex has a PEG ratio 0.61, compared with 1.57 for the industry. The company possesses a Growth Score of A.

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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