Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 19th:

BAE Systems plc (BAESY Quick QuoteBAESY - Free Report) : This company that provides defense, aerospace, and security solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

BAE Systems has a PEG ratio of 1.07 compared with 3.88 for the industry. The company possesses a Growth Score of B.

Scorpio Tankers Inc. (STNG Quick QuoteSTNG - Free Report) : This seaborne transporter of refined petroleum products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Scorpio Tankers has a PEG ratio of 0.16 compared with 0.58 for the industry. The company possesses a Growth Score of B.

Lamb Weston Holdings, Inc. (LW Quick QuoteLW - 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 23.1% over the last 60 days.

Lamb Weston has a PEG ratio of 0.90 compared with 2.34 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.