Back to top

Image: Shutterstock

Top Ranked Growth Stocks to Buy for December 23rd

Read MoreHide Full Article

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

The ODP Corporation (ODP - Free Report) : This business services and supplies, products, and technology solutions provider that carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.1% over the last 60 days.

 

ODP Corp has a PEG ratio of 0.92 compared with 0.99 for the industry. The company possesses a Growth Score of A.

 

The ODP Corporation PEG Ratio (TTM)

The ODP Corporation PEG Ratio (TTM)

The ODP Corporation peg-ratio-ttm | The ODP Corporation Quote

 

Laboratory Corporation of America Holdings (LH - Free Report) : This independent clinical laboratory company which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 39.3% over the last 60 days.

 

LabCorp has a PEG ratio of 0.98, compared with 4.85 for the industry. The company possesses a Growth Score of B.

 

Information Services Group, Inc. (III - Free Report) : This information-based services company that carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

 

Information Services Group has a PEG ratio of 0.87, compared with 5.21 for the industry. The company possesses a Growth Score of A.

 

Sprouts Farmers Market, Inc. ((SFM - Free Report) ): This healthy grocery store operator that provides fresh, natural, and organic food products which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

 

Sprouts Farmers Market has a PEG ratio of 0.96, compared with 2.30 for the industry. The company possesses a Growth Score of A.

 

See the full list of top ranked stocks here.

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

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021. 

Click here for the 6 trades >>