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Best Growth Stocks to Buy for May 2nd

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 2nd:

Marathon Petroleum (MPC - Free Report) : This company which is a leading independent refiner, transporter and marketer of petroleum products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.0% over the last 60 days.

Marathon Petroleum has a PEG ratio of 0.92 compared with 1.07 for the industry. The company possesses a Growth Score of A.

PulteGroup (PHM - Free Report) : This company which is engaged in homebuilding and financial services businesses, primarily in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.0% over the last 60 days.

PulteGroup has a PEG ratio of 0.47 compared with 0.72 for the industry. The company possesses a Growth Score of B.

Infineon Technologies (IFNNY - Free Report) : This company which designs, produces and sells semiconductors, the microchips which have enabled the information age, and have led to a vast increase in the speed, portability and capabilities of computers and a myriad other electronic device, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.8% over the last 60 days.

Infineon Technologies has a PEG ratio of 0.80 compared with 3.07 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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PulteGroup, Inc. (PHM) - free report >>

Infineon Technologies AG (IFNNY) - free report >>

Marathon Petroleum Corporation (MPC) - free report >>

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