Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 23rd:

Phibro Animal Health Corporation (PAHC Quick QuotePAHC - Free Report) : This animal health and mineral nutrition company carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.6% over the last 60 days.

Phibro has a PEG ratio of 0.45 compared with 1.30 for the industry. The company possesses a  Growth Score of A.

Great Lakes Dredge & Dock Corporation (GLDD Quick QuoteGLDD - Free Report) : This dredging services company carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.8% over the last 60 days.

Great Lakes Dredge & Dock has a PEG ratio of 0.98 compared with 1.59 for the industry. The company possesses aGrowth Scoreof A.

Unisys Corporation (UIS Quick QuoteUIS - Free Report) : These information technology solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 132% over the last 60 days.

Unisys has a PEG ratio of 0.57 compared with 2.43 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.