Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 12th:

EnerSys (ENS Quick QuoteENS - Free Report) : This stored energy solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Enersys Price and Consensus

Enersys price-consensus-chart | Enersys Quote

EnerSys has a PEG ratio of 0.86 compared with 1.61 for the industry. The company possesses a Growth Score  of B.

Enersys PEG Ratio (TTM)

Enersys peg-ratio-ttm | Enersys Quote

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 1.01 compared with 2.68 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

MercadoLibre, Inc. (MELI Quick QuoteMELI - Free Report) : This e-commerce company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

MercadoLibre, Inc. Price and Consensus

MercadoLibre, Inc. price-consensus-chart | MercadoLibre, Inc. Quote

MercadoLibre has a PEG ratio of 0.82 compared with 1.29 for the industry. The company possesses a Growth Score of A.

MercadoLibre, Inc. PEG Ratio (TTM)

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

See the full list of top ranked stocks here.

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