Back to top

Image: Bigstock

Best Growth Stocks to Buy for May 4th

Read MoreHide Full Article

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 4th:

Arcos Dorados (ARCO - Free Report) : This company operates as a franchisee of McDonald's with its operations divided in Brazil, Latin America, and the Caribbean division, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Arcos Dorados has a PEG ratio of 0.59 compared with 0.81 for the industry. The company possesses a Growth Score of A.

Devon Energy (DVN - Free Report) : This independent energy company engaged primarily in the exploration, development, and production of oil and natural gas, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.1% over the last 60 days.

Devon Energy has a PEG ratio of 0.16 compared with 0.20 for the industry. The company possesses a Growth Score of A.

Compania Cervecerias Unidas (CCU - Free Report) : This Chilean multinational beverage company with diversified businesses and operations, focused on the Southern Cone of South America, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.7% over the last 60 days.

Compania Cervecerias Unidas has a PEG ratio of 0.76 compared with 2.09 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.
 


In-Depth Zacks Research for the Tickers Above


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


Devon Energy Corporation (DVN) - free report >>

Compania Cervecerias Unidas, S.A. (CCU) - free report >>

Arcos Dorados Holdings Inc. (ARCO) - free report >>