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Top Ranked Growth Stocks to Buy for October 20th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 20th:

Cambium Networks Corporation (CMBM - Free Report) : This provider of broadband networking infrastructure products and solutions, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.

Cambium Networks Corporation Price and Consensus

Cambium Networks has a PEG ratio of 1.90, compared with 2.76 for the industry. The company possesses a Growth Score of A.

Cambium Networks Corporation PEG Ratio (TTM)

Asbury Automotive Group, Inc. (ABG - Free Report) : This automotive retailer which carries a Zacks Rank #1 has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

Asbury Automotive Group, Inc. Price and Consensus

Asbury Automotive has a PEG ratio of 0.54, compared with 0.79 for the industry. The company possesses a Growth Score of A.

Asbury Automotive Group, Inc. PEG Ratio (TTM)

M.D.C. Holdings, Inc. (MDC - Free Report) : This company that is engaged in homebuilding and financial service businesses, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

M.D.C. Holdings, Inc. Price and Consensus

MDC has a PEG ratio of 0.72, compared with 0.95 for the industry. The company possesses a Growth Score of B.

M.D.C. Holdings, Inc. PEG Ratio (TTM)

Copart, Inc. (CPRT - Free Report) : This provider of online auctions and vehicle remarketing services, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Copart, Inc. Price and Consensus

Copart has a PEG ratio of 3.08, compared with 3.23 for the industry. The company possesses a Growth Score of B.

Copart, Inc. PEG Ratio (TTM)

See the full list of top ranked stocks here

Learn more about the Growth score and how it is calculated here.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>