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Top Ranked Growth Stocks to Buy for January 23rd

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

Electro Scientific Industries, Inc. (ESIO - Free Report) : This laser-based microfabrication solutions supplier, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 34.6% over the last 60 days.

Electro Scientific Industries has a PEG ratio 1.93, compared with 4.13 for the industry. The company possesses a Growth Score of A.

Jacobs Engineering Group Inc. (JEC - Free Report) : This professional and construction services provider, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 3.3% over the last 60 days.

Jacobs Engineering Group has a PEG ratio 1.40, compared with 2.43 for the industry. The company possesses a Growth Score of A.

Western Digital Corporation (WDC - Free Report) : This seller of data storage devices, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 1.6% over the last 60 days.

Western Digital has a PEG ratio 0.28, compared with 1.17 for the industry. The company possesses a Growth Score of A.

KB Home (KBH - Free Report) : This homebuilding company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.7% over the last 60 days.

KB Home Price and Consensus

KB Home Price and Consensus

KB Home price-consensus-chart | KB Home Quote

KB Home has a PEG ratio 0.91, compared with 1.02 for the industry. The company possesses a Growth Score of A.

KB Home PEG Ratio (TTM)

KB Home PEG Ratio (TTM)

KB Home peg-ratio-ttm | KB Home Quote

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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