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Top Ranked Growth Stocks to Buy for January 23rd

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 23rd:

Adidas AG (ADDYY - Free Report) : This leading sporting goods company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Adidas AG Price and Consensus

Adidas AG Price and Consensus | Adidas AG Quote

Adidas AG has a price/earnings to growth ratio (PEG) of 1.28, compared with 1.56 for the industry. The company possesses a Growth Score of B.

Adidas AG PEG Ratio (TTM)

Adidas AG PEG Ratio (TTM) | Adidas AG Quote

Tenaris S.A. (TS - Free Report) : This manufacturer and supplier of seamless steel pipe products, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings jumping 20% over the last 60 days.

TENARIS SA-ADR Price and Consensus

TENARIS SA-ADR Price and Consensus | TENARIS SA-ADR Quote

Tenaris S.A. has a price/earnings to growth ratio (PEG) of 8.21, compared with 12.50 for the industry. The company possesses a Growth Score of B.

AutoZone, Inc. (AZO - Free Report) : This leading specialty retailer of automotive parts and accessories, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.4% over the last 60 days.

AutoZone Inc. Price and Consensus

AutoZone Inc. Price and Consensus | AutoZone Inc. Quote

AutoZone has a price/earnings to growth ratio (PEG) of 1.22, compared with 2.04 for the industry. The company possesses a Growth Score of A.

UnitedHealth Group Incorporated (UNH - Free Report) : This health care company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings soaring 4.2% over the last 60 days.

UnitedHealth Group has a price/earnings to growth ratio (PEG) of 1.17, compared with 1.24 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

Zacks' Top 10 Stocks for 2017

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