We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 22nd:
Acacia Communications, Inc. ): This manufacturer of high-speed coherent optical interconnect products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.
The Allstate Corporation (ALL - Free Report) : This property and casualty and other insurance products, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.6% over the last 60 days.
Celestica Inc. (CLS - Free Report) : This provider of design, manufacturing, hardware platform and supply chain solutions, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
Image: Bigstock
Top Ranked Growth Stocks to Buy for May 22nd
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 22nd:
Acacia Communications, Inc. ): This manufacturer of high-speed coherent optical interconnect products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.
Acacia Communications, Inc. Price and Consensus
Acacia Communications, Inc. price-consensus-chart | Acacia Communications, Inc. Quote
Acacia Communications has a PEG ratio of 0.93, compared with 1.67 for the industry. The company possesses a Growth Score of B.
Acacia Communications, Inc. PEG Ratio (TTM)
Acacia Communications, Inc. peg-ratio-ttm | Acacia Communications, Inc. Quote
The Allstate Corporation (ALL - Free Report) : This property and casualty and other insurance products, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.6% over the last 60 days.
The Allstate Corporation Price and Consensus
The Allstate Corporation price-consensus-chart | The Allstate Corporation Quote
Allstate has a PEG ratio of 1.10 compared with 1.57 for the industry. The company possesses a Growth Score of A.
The Allstate Corporation PEG Ratio (TTM)
The Allstate Corporation peg-ratio-ttm | The Allstate Corporation Quote
Celestica Inc. (CLS - Free Report) : This provider of design, manufacturing, hardware platform and supply chain solutions, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.
Celestica, Inc. Price and Consensus
Celestica, Inc. price-consensus-chart | Celestica, Inc. Quote
Celestica has a PEG ratio of 0.76, compared with 1.27 for the industry. The company possesses a Growth Score of A.
Celestica, Inc. PEG Ratio (TTM)
Celestica, Inc. peg-ratio-ttm | Celestica, Inc. Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
See their latest picks free >>