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Top Ranked Growth Stocks to Buy for May 7th

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

Malibu Boats, Inc. (MBUU - Free Report) : This seller of recreational powerboats, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 2.7% over the last 60 days.

Malibu Boats has a PEG ratio 1.23, compared with 1.25 for the industry. The company possesses a Growth Score of A.

Ruth's Hospitality Group, Inc. (RUTH - Free Report) : This franchiser of fine dining restaurants, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 60 days.

Ruth's Hospitality Group has a PEG ratio 1.46, compared with 2.18 for the industry. The company possesses a Growth Score of A.

Western Digital Corporation (WDC - Free Report) : This developer of data storage devices, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 4.8% over the last 60 days.

Western Digital has a PEG ratio 0.30, compared with 0.51 for the industry. The company possesses a Growth Score of A.

Brinker International, Inc. (EAT - Free Report) : This franchiser of casual dining restaurants, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

Brinker International has a PEG ratio 1.17, compared with 2.18 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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