Best Growth Stocks to Buy for January 12th

IPAR STNG CNM

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 12th:

Core & Main (CNM - Free Report) : This company which specializes in distribution of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 10.8% over the last 60 days.

Core & Main has a PEG ratio of 0.52 compared with 1.89 for the industry. The company possesses a Growth Score of A.

Inter Parfums (IPAR - Free Report) : This company which is engaged in the manufacturing, distribution and marketing of a wide range of fragrances and related products, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Inter Parfums has a PEG ratio of 1.99 compared with 2.25 for the industry. The company possesses a Growth Score of A.

Scorpio Tankers (STNG - Free Report) : This Monaco-based company which is a provider of marine transportation of petroleum products worldwide, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.2% over the last 60 days.

Scorpio Tankers has a PEG ratio of 0.12 compared with 0.47 for the industry. The company possesses a Growth Score of B.

 

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 >>