Top Ranked Growth Stocks to Buy for May 15th

TNK PRDO

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 15th:

Acacia Communications, Inc : This company that develops, manufactures, and sells high-speed coherent optical interconnect products, carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.

Acacia Communications has a PEG ratio of 0.94, compared with 18.7 for the industry. The company possesses a Growth Score of B.

Perdoceo Education Corporation (PRDO - Free Report) : This company that operates colleges, institutions, and universities, carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Perdoceo Education has a PEG ratio of 0.65, compared with 3.10 for the industry. The company possesses a Growth Score of A.

Teekay Tankers Ltd. (TNK - Free Report) : This company that provides marine transportation services to oil industries carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.4% over the last 60 days.

Teekay Tankers has a PEG ratio of 0.58, compared with 1.05 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.

Zacks Top 10 Stocks for 2020

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2020?

Last year's 2019 Zacks Top 10 Stocks portfolio returned gains as high as +102.7%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.

Access Zacks Top 10 Stocks for 2020 today >>

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 >>