Top Ranked Growth Stocks to Buy for October 16th

BIG MPC HUN FIVE

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 16th:

Huntsman Corporation (HUN - Free Report) : This chemical company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 2.3% over the last 60 days.

Huntsman has a PEG ratio 1.85, compared with 1.90 for the industry. The company possesses a Growth Score of A.

Five Below, Inc. (FIVE - Free Report) : This specialty value retailer, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

Five Below has a PEG ratio 1.17, compared with 1.27 for the industry. The company possesses a Growth Score of A.

Marathon Petroleum Corporation (MPC - Free Report) : This oil and petroleum company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 11.2% over the last 60 days.

Marathon Petroleum has a PEG ratio 1.62, compared with 3.51 for the industry. The company possesses a Growth Score of A.

Big Lots, Inc. (BIG - Free Report) : This non-traditional, discount retailer, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

Big Lots has a PEG ratio 0.90, compared with 1.41 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.

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.

See these buy recommendations now >>

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 >>