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Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, May 8th:

The Chemours Company (CC - Free Report) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings rising 20.6% over the last 60 days.

Chemours has a PEG ratio 0.91, compared with 1.56 for the industry. The company possesses a Growth Score of A.

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 4.3% over the last 60 days

MercadoLibre, Inc. Price and Consensus

 

MercadoLibre, Inc. Price and Consensus | MercadoLibre, Inc. Quote

Mercadolibre has a low PEG ratio of 2.42. The company possesses a Growth Score of A.

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 Price and Consensus

 

ArcelorMittal Price and Consensus | ArcelorMittal Quote

ArcelorMittal has a PEG ratio 0.76, compared with 1.72 for the industry. The company possesses a Growth Score of B.

Louisiana-Pacific Corporation (LPX - Free Report) : This manufacturer and seller of building products has witnessed the Zacks Consensus Estimate for its current year earnings rising 12.6% over the last 60 days.

Louisiana-Pacific has a low PEG ratio of 3. 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

Will You Make a Fortune on the Shift to Electric Cars?                                                                     

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think. See This Ticker Free >>



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