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

MINISO Group Holding Limited (MNSO Quick QuoteMNSO - Free Report) : This retailer and wholesaler of lifestyle products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

MINISO has a PEG ratio of 0.34 compared with 0.64 for the industry. The company possesses a Growth Score  of A.

Siemens Aktiengesellschaft (SIEGY Quick QuoteSIEGY - Free Report) : This technology company focusing on the areas of automation and digitalization carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16% over the last 60 days.

Siemens has a PEG ratio of 0.46 compared with 0.77 for the industry. The company possesses a Growth Score of B.

InterDigital, Inc. (IDCC Quick QuoteIDCC - Free Report) : This company that designs and develops technologies that enable and enhance wireless communications carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 62.6% over the last 60 days.

InterDigital has a PEG ratio of 0.86 compared with 1.13 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.