Best Growth Stocks to Buy for January 12th

M PAG SIG

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 12th:

Signet Jewelers (SIG - Free Report) : This retailer of diamond jewelry carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 days.

Signet Jewelers has a PEG ratio of 0.99 compared with 2.84 for the industry. The company possesses a Growth Score of B.

Macy's (M - Free Report) : This omnichannel retail organization carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.8% over the last 60 days.

Macy's has a PEG ratio of 0.46 compared with 0.58 for the industry. The company possesses a Growth Score of B.

Penske Automotive Group (PAG - Free Report) : This company that engages in the operation of automotive and commercial truck dealerships carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Penske Automotive Group has a PEG ratio of 0.37 compared with 0.41 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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