Best Growth Stocks to Buy for August 4th

PPC URI ACGL

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 4th:

Arch Capital Group Ltd. (ACGL - Free Report) : This insurance company  carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Arch Capital Group Ltd. Price and Consensus

Arch Capital has a PEG ratio of 0.97 compared with 1.18 for the industry. The company possesses a Growth Score of B.

Arch Capital Group Ltd. PEG Ratio (TTM)

United Rentals, Inc. (URI - Free Report) : This building equipment rental company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.

United Rentals, Inc. Price and Consensus

United has a PEG ratio of 0.57 compared with 0.79 for the industry. The company possesses a Growth Score of A.

United Rentals, Inc. PEG Ratio (TTM)

Pilgrim's Pride Corporation (PPC - Free Report) : This producer of fresh and frozen meat products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

Pilgrim's Pride Corporation Price and Consensus

Pilgrim’s Pride has a PEG ratio of 0.44 compared with 0.77 for the industry. The company possesses a Growth Score of A.

Pilgrim's Pride 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.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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