Best Growth Stocks to Buy for August 31st

DDS LNG MPC

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 31st:

Marathon Petroleum Corporation (MPC - Free Report) : This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 42.2% over the last 60 days.

Marathon Petroleum Corporation Price and Consensus

Marathon Petroleum has a PEG ratio of 0.22 compared with 0.41 for the industry. The company possesses a Growth Score of A.

Marathon Petroleum Corporation PEG Ratio (TTM)

Cheniere Energy, Inc. (LNG - Free Report) : This energy infrastructure company primarily engaged in the business of liquefied natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.6% over the last 60 days.

Cheniere Energy, Inc. Price and Consensus

Cheniere has a PEG ratio of 0.14 compared with 0.21 for the industry. The company possesses a Growth Score of A.

Cheniere Energy, Inc. PEG Ratio (TTM)

Dillard's, Inc. (DDS - Free Report) : This large fashion retailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days.

Dillard's, Inc. Price and Consensus

Dillard’s has a PEG ratio of 0.56 compared with 0.63 for the industry. The company possesses a Growth Score of B.

Dillard's, 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 >>