Top Ranked Growth Stocks to Buy for October 18th

DE OLN ARCB

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 18th:

ArcBest Corporation (ARCB - Free Report) : This provider of freight transportation services and solutions carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest has a PEG ratio of 0.41 compared with 0.95 for the industry. The company possesses a Growth Score of A.

ArcBest Corporation PEG Ratio (TTM)

Deere & Company (DE - Free Report) : This manufacturer of agricultural, construction, and forestry machinery, diesel engines, drivetrains used in heavy equipment, and lawn care equipment carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% over the last 60 days.

Deere & Company Price and Consensus

Deere's has a PEG ratio of 0.83, compared with 1.13 for the industry. The company possesses a Growth Score of B.

Deere & Company PEG Ratio (TTM)

Olin Corporation (OLN - Free Report) : This manufacturer and distributor of chemical products carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.

Olin Corporation Price and Consensus

Olin has a PEG ratio of 0.12, compared with 0.72 for the industry. The company possesses a Growth Score of A.

Olin 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 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 >>