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Top Ranked Growth Stocks to Buy for July 31st

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, July 31st:

Graphic Packaging Holding Company (GPK - Free Report) : This company that provides paper-based packaging solutions to food, beverage, foodservice, and other consumer products companies carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

Graphic Packaging has a PEG ratio of 0.56 compared with 2.12 for the industry. The company possesses a Growth Score of A.

Meritage Homes Corporation (MTH - Free Report) : This company that designs and builds single-family homes carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 59.4% over the last 60 days.

Meritage Homes has a PEG ratio of 0.75 compared with 1.58 for the industry. The company possesses a Growth Score of A.

Daqo New Energy Corp. (DQ - Free Report) : This company that manufactures and sells polysilicon to photovoltaic product manufactures carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.9% over the last 60 days.

Daqo New Energy has a PEG ratio of 0.52 compared with 2.72 for the industry. The company possesses a Growth Score of B.

Cigna Corporation (CI - Free Report) : This insurance and related products and service  provider carries a Zacks Rank #2 (Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

Cigna has a PEG ratio of 0.86 compared with 1.37 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.

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