Best Growth Stocks to Buy for May 3rd

WLK COP CNM

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 3rd:

ConocoPhillips (COP - Free Report) : This company which explores and produces crude oil, bitumen and natural gas carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 48.2% over the last 60 days.

ConocoPhillips Price and Consensus

ConocoPhillips has a PEG ratio of 0.35 compared with 0.54 for the industry. The company possesses a Growth Score of A.

ConocoPhillips PEG Ratio (TTM)

 

Westlake Corporation (WLK - Free Report) : This manufacturer of petrochemicals, polymers, and building products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Westlake Corp. Price and Consensus

Westlake has a PEG ratio of 0.21 compared with 0.30 for the industry. The company possesses a Growth Score of B.

Westlake Corp. PEG Ratio (TTM)

 

Core & Main, Inc. (CNM - Free Report) : This distributor of water, wastewater, storm drainage, fire protection products and related services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.

Core & Main, Inc. Price and Consensus

Core & MIN has a PEG ratio of 2.10 compared with 3.71 for the industry. The company possesses a Growth Score of B.

Core & Main, Inc. 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 >>