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Best Growth Stocks to Buy for May 1st

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 1:

PDD Holdings Inc. (PDD - Free Report) : This e-commerce platform provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18% over the last 60 days.

PDD Holdings has a PEG ratio of 0.30 comparedwith 0.60 for the industry. The company possesses a Growth Score of A.

AZZ Inc. (AZZ - Free Report) : This galvanizing and coil coating solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

AZZ Inc. Price and Consensus

AZZ Inc. Price and Consensus

AZZ Inc. price-consensus-chart | AZZ Inc. Quote

AZZ has a PEG ratio of 1.07 compared with 1.53 for the industry. The company possesses a Growth Score of B.

AZZ Inc. PEG Ratio (TTM)

AZZ Inc. PEG Ratio (TTM)

AZZ Inc. peg-ratio-ttm | AZZ Inc. Quote

Dycom Industries, Inc. (DY - Free Report) : This specialty contracting company carries seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Dycom Industries has a PEG ratio of 0.85 compared with 1.21 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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