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Top Ranked Growth Stocks to Buy for June 2nd

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 2nd:

Facebook, Inc. : This company that develops products that enable people to connect and share with friends and family carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.8% over the last 60 days.

Facebook, Inc. Price and Consensus

Facebook, Inc. Price and Consensus

Facebook, Inc. price-consensus-chart | Facebook, Inc. Quote

 

Facebook has a PEG ratio of 1.24 compared with 3.04 for the industry. The company possesses a Growth Score of B.

 

Facebook, Inc. PEG Ratio (TTM)

Facebook, Inc. PEG Ratio (TTM)

Facebook, Inc. peg-ratio-ttm | Facebook, Inc. Quote

 

NVIDIA Corporation (NVDA - Free Report) : This visual computing company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

 

NVIDIA has a PEG ratio of 2.64, compared with 2.74 for the industry. The company possesses a Growth Score of B.

 

NVIDIA Corporation PEG Ratio (TTM)

NVIDIA Corporation PEG Ratio (TTM)

NVIDIA Corporation peg-ratio-ttm | NVIDIA Corporation Quote

 

AutoNation, Inc. (AN - Free Report) : This automotive retailercarries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.7% over the last 60 days.

 

AutoNation, Inc. Price and Consensus

AutoNation, Inc. Price and Consensus

AutoNation, Inc. price-consensus-chart | AutoNation, Inc. Quote

 

AutoNation has a PEG ratio of 0.50, compared with 0.80 for the industry. The company possesses a Growth Score of B.

 

AutoNation, Inc. PEG Ratio (TTM)

AutoNation, Inc. PEG Ratio (TTM)

AutoNation, Inc. peg-ratio-ttm | AutoNation, Inc. Quote

 

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>


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NVIDIA Corporation (NVDA) - free report >>

AutoNation, Inc. (AN) - free report >>

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