Top Ranked Growth Stocks to Buy for June 1st

TGT AN TNC

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

Target Corporation (TGT - Free Report) : This general merchandise retailer carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.4% over the last 60 days.

 

Target has a PEG ratio of 1.45 compared with 2.20 for the industry. The company possesses a Growth Score of B.

 

L Brands, Inc. : This retailer of home fragrance products, body care products, soaps and sanitizers, and more carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.2% over the last 60 days.

 

L Brands has a PEG ratio of 0.93, compared with 1.47 for the industry. The company possesses a Growth Score of A.

 

Tennant Company (TNC - Free Report) : This company that designs, manufactures, and markets floor cleaning equipment carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.2% over the last 60 days.

 

Tennant Co. has a PEG ratio of 1.90, compared with 3.13 for the industry. The company possesses a Growth Score of B.

 

AutoNation, Inc. (AN - Free Report) : This automotive retailercarries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.7% over the last 60 days.

 

AutoNation has a PEG ratio of 0.50, compared with 0.80 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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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.

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