Top Ranked Growth Stocks to Buy for May 22nd

MT BGFV MELI CC

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, May 22nd:

ArcelorMittal SA (MT - Free Report) : This major steel and mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.

ArcelorMittal has a PEG ratio 0.66, compared with 1.65 for the industry. The company possesses a Growth Score of B.

Mercadolibre, Inc. (MELI - Free Report) : This major online trading platform in Latin America has witnessed the Zacks Consensus Estimate for its current year earnings rising 4.2% over the last 60 days

Mercadolibre has a PEG ratio of 2.08, compared with 3.54 for the industry.  The company possesses a Growth Score of B.

The Chemours Company (CC - Free Report) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings rising 19.3% over the last 60 days.

Chemours has a PEG ratio 0.87, compared with 1.53 for the industry. The company possesses a Growth Score of A.

Big 5 Sporting Goods Corp.  (BGFV - Free Report) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.8% over the last 60 days.

Big 5 Sporting Goods has a PEG ratio of 0.84, compared with 1.54 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' 2017 IPO Watch List      

Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.

One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>

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 >>