Back to top

Image: Bigstock

Top Ranked Growth Stocks to Buy for May 4th

Read MoreHide Full Article

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 4th:

Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products and materials, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.

Patrick Industries, Inc. Price and Consensus

Patrick has a PEG ratio of 0.98, compared with 1.06 for the industry. The company possesses a Growth Score of A.

Patrick Industries, Inc. PEG Ratio (TTM)

Urban Outfitters, Inc. (URBN - Free Report) : This lifestyle products and services company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 17.5% over the last 60 days.

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters has a PEG ratio of 1.45, compared with 1.66 for the industry. The company possesses a Growth Score of B.

Urban Outfitters, Inc. PEG Ratio (TTM)

Eli Lilly and Company (LLY - Free Report) : This pharmaceutical giant, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 5.2% over the last 60 days.

Eli Lilly and Company Price and Consensus

Eli Lilly has a PEG ratio of 1.37, compared with 1.80 for the industry. The company possesses a Growth Score of A.

Eli Lilly and Company PEG Ratio (TTM)

See the full list of top ranked stocks here                                    

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

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Eli Lilly and Company (LLY) - free report >>

Urban Outfitters, Inc. (URBN) - free report >>

Patrick Industries, Inc. (PATK) - free report >>