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Top Ranked Growth Stocks to Buy for August 24th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 24th:

ON Semiconductor Corporation (ON - Free Report) : This manufacturer and seller of semiconductor components carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.5% over the last 60 days.

 

ON Semiconductor has a PEG ratio of 0.32 compared with 3.39 for the industry. The company possesses a Growth Score of B.

 

ArcBest Corporation (ARCB - Free Report) : This provider of freight transportation and integrated logistics services carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 17.8% over the last 60 days.

 

ArcBest has a PEG ratio of 0.47, compared with 0.95 for the industry. The company possesses a Growth Score of A.

 

ArcBest Corporation PEG Ratio (TTM)

ArcBest Corporation PEG Ratio (TTM)

ArcBest Corporation peg-ratio-ttm | ArcBest Corporation Quote

 

Cushman & Wakefield plc (CWK - Free Report) : This provider of commercial real estate services carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.7% over the last 60 days.

 

Cushman & Wakefield has a PEG ratio of 1.29, compared with 2.37 for the industry. The company possesses a Growth Score of A.

 

Devon Energy Corporation (DVN - Free Report) : This independent energy company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.8% over the last 60 days.

 

Devon Energy has a PEG ratio of 0.31, compared with 0.61 for the industry. The company possesses a Growth Score of B.

 

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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