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Top Ranked Growth Stocks to Buy for December 12th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, December 12th:

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 has a PEG ratio 2.05, compared with 4.06 for the industry. The company possesses a Growth Score of A.

Lam Research Corporation (LRCX - Free Report) : This designer of semiconductor processing equipment, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 13.2% over the last 60 days.

Lam Research has a PEG ratio 0.85, compared with 1.05 for the industry. The company possesses a Growth Score of A.

Boise Cascade Company (BCC - 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 19.6% over the last 60 days.

Boise Cascade has a PEG ratio 1.16, compared with 4.06 for the industry. The company possesses a Growth Score of A.

Global Medical REIT Inc. (GMRE - Free Report) : This publicly ownedREIT, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 6.3% over the last 60 days.

Global Medical REIT has a PEG ratio 2.84, compared with 2.97 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.

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