Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 31st:

Pure Storage, Inc. (PSTG Quick QuotePSTG - Free Report) : This data storage technologies company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.

Pure Storage, Inc. Price and Consensus

Pure Storage, Inc. price-consensus-chart | Pure Storage, Inc. Quote

Pure Storage has a PEG ratio of 1.60 compared with 1.83 for the industry. The company possesses a Growth Score  of B.

Pure Storage, Inc. PEG Ratio (TTM)

Pure Storage, Inc. peg-ratio-ttm | Pure Storage, Inc. Quote

H&E Equipment Services, Inc. : This integrated equipment services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

H&E Equipment Services, Inc. Price and Consensus

H&E Equipment Services, Inc. price-consensus-chart | H&E Equipment Services, Inc. Quote

H&E Equipment has a PEG ratio of 0.67 compared with 0.70 for the industry. The company possesses a Growth Score of B.

H&E Equipment Services, Inc. PEG Ratio (TTM)

H&E Equipment Services, Inc. peg-ratio-ttm | H&E Equipment Services, Inc. Quote

e.l.f. Beauty, Inc. (ELF Quick QuoteELF - Free Report) : This cosmetic and skin care products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

e.l.f. Beauty Price and Consensus

e.l.f. Beauty price-consensus-chart | e.l.f. Beauty Quote

e.l.f. Beauty has a PEG ratio of 1.58 compared with 2.47 for the industry. The company possesses a Growth Score of A.

e.l.f. Beauty PEG Ratio (TTM)

e.l.f. Beauty peg-ratio-ttm | e.l.f. Beauty Quote

See the full list of top ranked stocks here.

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