Best Growth Stocks to Buy for October 27th

PSTG LW DINO

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 27th:

HF Sinclair Corporation (DINO - Free Report) : This independent energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

HF Sinclair has a PEG ratio of 0.28 compared with 0.32 for the industry. The company possesses a Growth Score of A.

Lamb Weston Holdings, Inc. (LW - Free Report) : This producer of value-added frozen potato products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.

Lamb Weston has a PEG ratio of 1.04 compared with 2.39 for the industry. The company possesses a Growth Score of A.

Pure Storage, Inc. (PSTG - Free Report) : This data storage technologies company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days.

Pure Storage has a PEG ratio of 0.70 compared with 1.88 for the industry. The company possesses a Growth Score of A.

 

See the full list of top ranked stocks here.

 

Learn more about the Growth score and how it is calculated here.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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