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Top Ranked Growth Stocks to Buy for July 24th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 24th:

Echo Global Logistics, Inc. : This shipping and logistics company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Echo Global Logistics, Inc. Price and Consensus

Echo Global has a PEG ratio of 1.20, compared with 2.12 for the industry. The company possesses a Growth Score of A.

Echo Global Logistics, Inc. PEG Ratio (TTM)

ArcBest Corporation (ARCB - Free Report) : This freight transportation services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest has a PEG ratio of 0.45, compared with 1.01 for the industry. The company possesses a Growth Score of A.

ArcBest Corporation PEG Ratio (TTM)

Old Dominion Freight Line, Inc. (ODFL - Free Report) : This less-than-truckload motor carrier, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 1.3% over the last 60 days.

Old Dominion Freight Line, Inc. Price and Consensus

Old Dominion Freight has a PEG ratio of 0.98, compared with 1.01 for the industry. The company possesses a Growth Score of A.

Old Dominion Freight Line, Inc. PEG Ratio (TTM)

See the full list of top ranked stocks here                                    

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

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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Old Dominion Freight Line, Inc. (ODFL) - free report >>

ArcBest Corporation (ARCB) - free report >>