Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 17th:

Core & Main, Inc. (CNM Quick QuoteCNM - Free Report) : This distributor of water, wastewater, storm drainage, fire protection products and related services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Core & Main has a PEG ratio of 0.53 compared with 1.88 for the industry. The company possesses a Growth Score of A.

e.l.f. Beauty, Inc. (ELF Quick QuoteELF - Free Report) : This cosmetic and skin care products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.6% over the last 60 days.

e.l.f. Beauty has a PEG ratio of 1.76 compared with 2.27 for the industry. The company possesses a Growth Score of B.

Lamb Weston Holdings, Inc. (LW Quick QuoteLW - Free Report) : This producer of value-added frozen potato products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.1% over the last 60 days.

Lamb Weston has a PEG ratio of 0.89 compared with 2.37 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.