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Top Ranked Growth Stocks to Buy for May 8th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 8th:

Patrick Industries, Inc. (PATK - Free Report) : This distributor of building products and materials, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.

Patrick Industries, Inc. Price and Consensus

Patrick has a PEG ratio of 0.99, compared with 1.07 for the industry. The company possesses a Growth Score of A.

Patrick Industries, Inc. PEG Ratio (TTM)

Urban Outfitters, Inc. (URBN - Free Report) : This lifestyle products and services company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 1.3% over the last 60 days.

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters has a PEG ratio of 1.42, compared with 1.65 for the industry. The company possesses a Growth Score of A.

Patrick Industries, Inc. PEG Ratio (TTM)

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, Inc. Price and Consensus

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

Ruth's Hospitality Group, Inc. 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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In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Urban Outfitters, Inc. (URBN) - free report >>

Ruth's Hospitality Group, Inc. (RUTH) - free report >>

Patrick Industries, Inc. (PATK) - free report >>

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