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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, December 7th:

Boise Cascade Company (BCC - Free Report) : This wood products manufacturer, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days.

Boise Cascade, L.L.C. Price and Consensus

Boise Cascade has a PEG ratio of 1.14, compared with 4.05 for the industry. The company possesses a Growth Score of A.

Boise Cascade, L.L.C. PEG Ratio (TTM)

Universal Forest Products, Inc. (UFPI - Free Report) : This manufacturer of wood products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

Universal Forest Products, Inc. Price and Consensus

Universal Forest Products has a PEG ratio of 2.02, compared with 4.05 for the industry. The company possesses a Growth Score of A.

Universal Forest Products, Inc. PEG Ratio (TTM)

Lam Research Corporation (LRCX - Free Report) : This manufacturer of semiconductor processing equipment, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.8% over the last 60 days.

Lam Research Corporation Price and Consensus

Lam Research has a PEG ratio of 0.84, compared with 1.05 for the industry. The company possesses a Growth Score of A.

Lam Research Corporation PEG Ratio (TTM)

Statoil ASA (STO - Free Report) : This energy company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.9% over the last 60 days.

Statoil ASA Price and Consensus

Statoil has a PEG ratio of 0.67, compared with 2.59 for the industry. The company possesses a Growth Score of A.

Statoil ASA PEG Ratio (TTM)

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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