Top Ranked Growth Stocks to Buy for January 22nd

Zacks Equity Research Published on January 22, 2019

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 22nd:

Depomed, Inc. (ASRT - Free Report) : This specialty pharmaceutical company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.

Depomed, Inc. Price and Consensus

Depomed has a PEG ratio of 0.29, compared with 2.05 for the industry. The company possesses a Growth Score of A.

Depomed, Inc. PEG Ratio (TTM)

Ollie's Bargain Outlet Holdings, Inc. (OLLI - Free Report) : This brand name merchandise retailer, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

Ollie's Bargain Outlet Holdings, Inc. Price and Consensus

Ollie's Bargain has a PEG ratio of 1.70, compared with 1.93 for the industry. The company possesses a Growth Score of B. .

Ollie's Bargain Outlet Holdings, Inc. PEG Ratio (TTM)

United Continental Holdings, Inc. (UAL - Free Report) : This air transportation services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

United Continental Holdings, Inc. Price and Consensus

United Continental has a PEG ratio of 0.37, compared with 0.69 for the industry. The company possesses a Growth Score of B.

United Continental Holdings, Inc. PEG Ratio (TTM)

ArcBest Corporation (ARCB - Free Report) : This freight transportation services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest has a PEG ratio of 0.23, compared with 0.77 for the industry. The company possesses a Growth Score of A.

ArcBest Corporation PEG Ratio (TTM)

See the full list of top ranked stocks here

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

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.