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Top Ranked Growth Stocks to Buy for January 18th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 18th:

Depomed, Inc. (ASRT - Free Report) : This specialty pharmaceutical company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.

Depomed has a PEG ratio 0.29, compared with 1.95 for the industry. The company possesses a Growth Score of A.

Depomed, Inc. PEG Ratio (TTM)

Depomed, Inc. PEG Ratio (TTM)

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

ArcBest Corporation (ARCB - Free Report) : This freight transportation services provider, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

ArcBest has a PEG ratio 0.22, compared with 0.70 for the industry. The company possesses a Growth Score of A.

Lithia Motors, Inc. (LAD - Free Report) : This automotive franchises operator, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Lithia Motors has a PEG ratio 0.75, compared with 1.16 for the industry. The company possesses a Growth Score of A.

Phillips 66 Partners LP (PSXP - Free Report) : This oil and gas pipeline and transportation operator, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Phillips 66 Partners has a PEG ratio 1.71, compared with 5.07 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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