Best Growth Stocks to Buy for October 6th

URBN DINO MPTI

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 6th:

Urban Outfitters (URBN - Free Report) : This lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home décor and gifts products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.

Urban Outfitters has a PEG ratio of 0.41 compared with 0.80 for the industry. The company possesses a Growth Score of A.

M-tron Industries, Inc. (MPTI - Free Report) : This company which designs, manufactures and markets highly-engineered, high reliability frequency and spectrum control products and solutions, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 18.2% over the last 60 days.

M-tron Industries has a PEG ratio of 0.78 compared with 1.51 for the industry. The company possesses a Growth Score of A.

HF Sinclair (DINO - Free Report) : This energy company which produces and markets light products such as gasoline, diesel fuel, jet fuel, renewable diesel and other specialty products, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 25.8% over the last 60 days.

HF Sinclair has a PEG ratio of 0.49 compared with 1.09 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 Reveals ChatGPT "Sleeper" Stock

One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.

Download Free ChatGPT Stock Report Right Now >>