Best Growth Stocks to Buy for December 19th

BECN ARCO EGHT

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

Arcos Dorados Holdings Inc. (ARCO - Free Report) : This franchisee of McDonald’s restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Arcos has a PEG ratio of 1.17 compared with 2.49 for the industry. The company possesses a Growth Score of A.

Beacon Roofing Supply, Inc. (BECN - Free Report) : This company which distributes residential and non-residential roofing materials, and complementary building products 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.

Beacon Roofing Supply has a PEG ratio of 1.23 compared with 1.82 for the industry. The company possesses a Growth Score of A.

8x8, Inc. (EGHT - Free Report) : This provider of cloud-based, enterprise-class software solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

8x8 has a PEG ratio of 0.30 comparedwith 0.48 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.

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