Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 4th:

Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO - Free Report) : This franchisee of McDonald’s restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Arcos Dorados Holdings Inc. Price and Consensus

Arcos Dorados Holdings Inc. price-consensus-chart | Arcos Dorados Holdings Inc. Quote

Arcos Dorados has a PEG ratio of 1.02 compared with 2.57 for the industry. The company possesses a Growth Score  of A.

Arcos Dorados Holdings Inc. PEG Ratio (TTM)

Arcos Dorados Holdings Inc. peg-ratio-ttm | Arcos Dorados Holdings Inc. Quote

LegalZoom.com, Inc. (LZ Quick QuoteLZ - Free Report) : This online platform for legal and compliance solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

LegalZoom.com, Inc. Price and Consensus

LegalZoom.com, Inc. price-consensus-chart | LegalZoom.com, Inc. Quote

LegalZoom has a PEG ratio of 0.41 compared with 0.80 for the industry. The company possesses a Growth Score of A.

LegalZoom.com, Inc. PEG Ratio (TTM)

LegalZoom.com, Inc. peg-ratio-ttm | LegalZoom.com, Inc. Quote

Park Hotels & Resorts Inc. (PK Quick QuotePK - Free Report) : This publicly traded lodging REIT carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Park Hotels & Resorts Inc. Price and Consensus

Park Hotels & Resorts Inc. price-consensus-chart | Park Hotels & Resorts Inc. Quote

Park has a PEG ratio of 0.69 compared with 1.90 for the industry. The company possesses a Growth Score of B.

Park Hotels & Resorts Inc. PEG Ratio (TTM)

Park Hotels & Resorts Inc. peg-ratio-ttm | Park Hotels & Resorts Inc. Quote

See the full list of top ranked stocks here.

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