Top Ranked Growth Stocks to Buy for June 2nd

BGFV WTW MELI CC

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, June 2nd:

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 4.2% over the last 60 days.

Mercadolibre has a low PEG ratio of 2.02. The company possesses a Growth Score of B.

The Chemours Company (CC - Free Report) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings rising 19.3% over the last 60 days.

Chemours has a PEG ratio 0.77, compared with 1.52 for the industry. The company possesses a Growth Score of A.

Big 5 Sporting Goods Corp.  (BGFV - Free Report) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.8% over the last 60 days.

Big 5 Sporting Goods has a PEG ratio of 0.97, compared with 1.26 for the industry. The company possesses a Growth Score of A.

Weight Watchers International, Inc. (WTW - Free Report) : This provider of weight management services has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.8% over the last 60 days.

Weight Watchers International has a PEG ratio of 1.37, compared with 1.93 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

Want to see all of today's Zacks Strong Buys?  

You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >>.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>