Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 3rd:

Panasonic Holdings Corporation : This electrical and electronic products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Panasonic Corp. Price and Consensus

Panasonic Corp. price-consensus-chart | Panasonic Corp. Quote

Panasonic has a PEG ratio of 0.54 compared with 4.22 for the industry. The company possesses a Growth Score  of A.

Panasonic Corp. PEG Ratio (TTM)

Panasonic Corp. peg-ratio-ttm | Panasonic Corp. Quote

Livent Corporation : This global lithium technology company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.4% over the last 60 days.

Livent Corporation Price and Consensus

Livent Corporation price-consensus-chart | Livent Corporation Quote

Livent has a PEG ratio of 0.37 compared with 1.00 for the industry. The company possesses a Growth Score of A.

Livent Corporation PEG Ratio (TTM)

Livent Corporation peg-ratio-ttm | Livent Corporation Quote

InterDigital, Inc. (IDCC Quick QuoteIDCC - Free Report) : This company that designs and develops technologies that enable and enhance wireless communications carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

InterDigital, Inc. Price and Consensus

InterDigital, Inc. price-consensus-chart | InterDigital, Inc. Quote

InterDigital has a PEG ratio of 0.82 compared with 1.44 for the industry. The company possesses a Growth Score of B.

InterDigital, Inc. PEG Ratio (TTM)

InterDigital, Inc. peg-ratio-ttm | InterDigital, Inc. Quote

See the full list of top ranked stocks here.

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