Top Ranked Growth Stocks to Buy for May 1st

URBN ARCO PATK

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 1st:

Arcos Dorados Holdings Inc. (ARCO - Free Report) : This operator of a franchisee of McDonald's restaurants, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.7% over the last 60 days.

Arcos Dorados Holdings Inc. Price and Consensus

Arcos’ has a PEG ratio of 1.23, compared with 2.02 for the industry. The company possesses a Growth Score of A.

Arcos Dorados Holdings Inc. PEG Ratio (TTM)

Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products and materials, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.

Patrick Industries, Inc. Price and Consensus

Patrick has a PEG ratio of 0.99, compared with 1.07 for the industry. The company possesses a Growth Score of A.

Patrick Industries, Inc. PEG Ratio (TTM)

Ruth's Hospitality Group, Inc. : This restaurants franchiser under the Ruth's Chris Steak House name, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 10.6% over the last 60 days.

Ruth's Hospitality Group, Inc. Price and Consensus

Ruth's has a PEG ratio of 1.38, compared with 2.02 for the industry. The company possesses a Growth Score of A.

Ruth's Hospitality Group, Inc. PEG Ratio (TTM)

Urban Outfitters, Inc. (URBN - Free Report) : This lifestyle products and services company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 17.5% over the last 60 days.

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters has a PEG ratio of 1.47, compared with 1.68 for the industry. The company possesses a Growth Score of A.

Urban Outfitters, Inc. PEG Ratio (TTM)

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

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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.

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