Top Ranked Growth Stocks to Buy for October 23rd

ADBE BOOT BKNG

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 23rd:

Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retail chain, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

Boot Barn has a PEG ratio of 1.51 compared with 2.89 for the industry. The company possesses a Growth Score of B.

Booking Holdings Inc. (BKNG - Free Report) :This provider of online travel and related services, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Booking Holdings has a PEG ratio of 1.51, compared with 4.15 for the industry. The company possesses a Growth Score of A.

Adobe Inc. (ADBE - Free Report) : This diversified software company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Adobe has a PEG ratio of 2.05, compared with 3.24 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.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

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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 >>