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Top Ranked Growth Stocks to Buy for January 5th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 5th:

Beacon Roofing Supply, Inc. (BECN - Free Report) : This distributor of residential and non-residential roofing materials, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 19.2% over the last 60 days.

Beacon Roofing Supply, Inc. Price and Consensus

Beacon Roofing has a PEG ratio of 0.85, compared with 1.01 for the industry. The company possesses a Growth Score of A.

Beacon Roofing Supply, Inc. PEG Ratio (TTM)

RH (RH - Free Report) : This retailer in the home furnishings market, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.3% over the last 60 days.

Restoration Hardware Holdings Inc. Price and Consensus

RH has a PEG ratio of 0.91, compared with 1.64 for the industry. The company possesses a Growth Score of A.

Restoration Hardware Holdings Inc. PEG Ratio (TTM)

Oshkosh Corporation (OSK - Free Report) : This designer of specialty vehicles, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.

Oshkosh Corporation Price and Consensus

Oshkosh has a PEG ratio of 1.22, compared with 1.30 for the industry. The company possesses a Growth Score of A.

Oshkosh Corporation PEG Ratio (TTM)

See the full list of top ranked stocks here                                  

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

Zacks Editor-in-Chief Goes "All In" on This Stock

Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

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Beacon Roofing Supply, Inc. (BECN) - free report >>

Oshkosh Corporation (OSK) - free report >>

RH (RH) - free report >>