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Best Growth Stocks to Buy for May 5th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 5th:

Perion Network (PERI - Free Report) : This global technology company that delivers online advertising solutions and search monetization to brands and publishers, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.3% over the last 60 days.

Perion Network has a PEG ratio of 0.49 compared with 0.92 for the industry. The company possesses a Growth Score of A.

ON Semiconductor (ON - Free Report) : This company which is an original equipment manufacturer of a broad range of discrete and embedded semiconductor components, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.5% over the last 60 days.

ON Semiconductor has a PEG ratio of 0.59 compared with 1.42 for the industry. The company possesses a Growth Score of A.

WestRock (WRK - Free Report) : This multinational provider of paper and packaging solutions for consumer and corrugated packaging markets, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

WestRock has a PEG ratio of 0.52 compared with 1.88 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


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Perion Network Ltd (PERI) - free report >>

ON Semiconductor Corporation (ON) - free report >>

WestRock Company (WRK) - free report >>