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Top Ranked Growth Stocks to Buy for May 9th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 9th:

Delek US Holdings, Inc. (DK - Free Report) : This energy company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 34.9% over the last 60 days.

Delek US Holdings has a PEG ratio 1.52, compared with 1.89 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 increasing 6.4% over the last 60 days.

Lam Research has a PEG ratio 0.62, compared with 1.03 for the industry. The company possesses a Growth Score of A.

HollyFrontier Corporation (HFC - Free Report) : This petroleum refiner, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 26.6% over the last 60 days.

HollyFrontier has a PEG ratio 1.46, compared with 1.89 for the industry. The company possesses a Growth Score of A.

Nanometrics Incorporated (NANO - Free Report) : This process control metrology systems, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.2% over the last 60 days.

Nanometrics has a PEG ratio 1.30, compared with 2.05 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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