Best Growth Stocks to Buy for May 13th

OXY GEO ARCO

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 13th:

Arcos Dorados Holdings Inc. (ARCO - Free Report) : This franchisee of McDonald’s restaurants carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Arcos Dorados Holdings Inc. Price and Consensus

Arcos Dorados has a PEG ratio of 0.55 compared with 0.92 for the industry. The company possesses a Growth Score of A.

Arcos Dorados Holdings Inc. PEG Ratio (TTM)

The GEO Group, Inc. (GEO - Free Report) : This company that owns, leases, and manages secure facilities, processing centers, and reentry centers carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.9% over the last 60 days.

Geo Group Inc The Price and Consensus

GEO has a PEG ratio of 0.26 compared with 0.94 for the industry. The company possesses a Growth Score of B.

Geo Group Inc The PEG Ratio (TTM)

Occidental Petroleum Corporation (OXY - Free Report) : This explorer and developer of oil and gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 88.4% over the last 60 days.

Occidental Petroleum Corporation Price and Consensus

Occidental has a PEG ratio of 0.20 compared with 0.53 for the industry. The company possesses a Growth Score of B.

Occidental Petroleum 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 >>