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Top Ranked Growth Stocks to Buy for May 4th

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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, May 4th:

Mercadolibre, Inc. (MELI - Free Report) : This major online trading platform in Latin America has witnessed the Zacks Consensus Estimate for its current year earnings rising 4.3% over the last 60 days

MercadoLibre, Inc. Price and Consensus

 

MercadoLibre, Inc. Price and Consensus | MercadoLibre, Inc. Quote

Mercadolibre has a low PEG ratio of 2.06. The company possesses a Growth Score of A.

The Chemours Company (CC - Free Report) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings rising 20.6% over the last 60 days.

Chemours has a PEG ratio 0.88, compared with 1.54 for the industry. The company possesses a Growth Score of A.

Louisiana-Pacific Corporation (LPX - Free Report) : This manufacturer and seller of building products has witnessed the Zacks Consensus Estimate for its current year earnings rising 12.6% over the last 60 days.

Louisiana-Pacific has a low PEG ratio of 3.16. The company possesses a Growth Score of A.

ArcelorMittal SA (MT - Free Report) : This major steel and mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.

ArcelorMittal Price and Consensus

 

ArcelorMittal Price and Consensus | ArcelorMittal Quote

ArcelorMittal has a PEG ratio 0.75, compared with 1.71 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

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