Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 1st:

Westlake Corporation (WLK Quick QuoteWLK - Free Report) : This manufacturer of petrochemicals, polymers, and building products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 24.7% over the last 60 days.

Westlake Corp. Price and Consensus

Westlake Corp. price-consensus-chart | Westlake Corp. Quote

Westlake has a PEG ratio of 0.19 compared with 0.31 for the industry. The company possesses a Growth Score of B.

Westlake Corp. PEG Ratio (TTM)

Westlake Corp. peg-ratio-ttm | Westlake Corp. Quote

Imperial Oil Limited (IMO Quick QuoteIMO - Free Report) : This explorer and producer of crude oil and natural gas carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.8% over the last 60 days.

Imperial Oil Limited Price and Consensus

Imperial Oil Limited price-consensus-chart | Imperial Oil Limited Quote

Imperial Oil has a PEG ratio of 0.26 compared with 0.50 for the industry. The company possesses a Growth Score of A.

Imperial Oil Limited PEG Ratio (TTM)

Imperial Oil Limited peg-ratio-ttm | Imperial Oil Limited Quote

Southwest Airlines Co. (LUV Quick QuoteLUV - Free Report) : This passenger airlines company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 108.3% over the last 60 days.

Southwest Airlines Co. Price and Consensus

Southwest Airlines Co. price-consensus-chart | Southwest Airlines Co. Quote

Southwest has a PEG ratio of 3.36 compared with 4.34 for the industry. The company possesses a Growth Score of B.

Southwest Airlines Co. PEG Ratio (TTM)

Southwest Airlines Co. peg-ratio-ttm | Southwest Airlines Co. Quote

See the full list of top ranked stocks here.

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