Back to top

Image: Bigstock

Top Ranked Growth Stocks to Buy for October 23rd

Read MoreHide Full Article

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 23rd:

Zoom Video Communications, Inc. (ZM - Free Report) : This video-first communications platform which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 95.3% over the last 60 days.

Zoom Video Communications, Inc. Price and Consensus

Zoom Video has a PEG ratio of 8.39, compared with 12.67 for the industry. The company possesses a Growth Score of A.

Zoom Video Communications, Inc. PEG Ratio (TTM)

YETI Holdings, Inc. (YETI - Free Report) : This designer and retailer of products for the outdoor and recreation market which carries a Zacks Rank #1 has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

YETI Holdings, Inc. Price and Consensus

YETI has a PEG ratio of 2.46, compared with 3.00 for the industry. The company possesses a Growth Score of B.

YETI Holdings, Inc. PEG Ratio (TTM)

Hibbett Sports, Inc. (HIBB - Free Report) : This retailer of athletic-inspired fashion products, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 48.1% over the last 60 days.

Hibbett Sports, Inc. Price and Consensus

Hibbett Sports has a PEG ratio of 0.77, compared with 2.07 for the industry. The company possesses a Growth Score of A.

Hibbett Sports, 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.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Zoom Video Communications, Inc. (ZM) - free report >>

YETI Holdings, Inc. (YETI) - free report >>

Hibbett Sports, Inc. (HIBB) - free report >>