Top Ranked Growth Stocks to Buy for May 1st

BJ GFI AGI

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 1st:

Alamos Gold Inc. (AGI - Free Report) : This explorer of gold deposits, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 72.7% over the last 60 days.

Alamos Gold has a PEG ratio of 0.88 compared with 0.98 for the industry. The company possesses a Growth Score of A.

Gold Fields Limited (GFI - Free Report) : This gold producer, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.5% over the last 60 days.

Gold Fields has a PEG ratio of 0.47, compared with 0.98 for the industry. The company possesses a Growth Score of A.

BJ's Wholesale Club Holdings, Inc. (BJ - Free Report) : This operator of warehouse clubs, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

BJ's Wholesale Club has a PEG ratio of 1.40, compared with 1.63 for the industry. The company possesses a Growth Score of A.

Spartan Motors, Inc. : This manufacturer of specialty vehicles, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Spartan Motors has a PEG ratio of 1.01, compared with 1.81 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.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

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 >>