Back to top

Image: Bigstock

Best Growth Stocks to Buy for August 20th

Read MoreHide Full Article

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 20th:

Ralph Lauren (RL - Free Report) : This company which is a major designer, marketer and distributor of premium lifestyle products in North America, Europe, Asia, and internationally, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Ralph Lauren has a PEG ratio of 1.44 compared with 1.75 for the industry. The company possesses a Growth Score of A.

LATAM Airlines Group (LTM - Free Report) : This company which is Latin America’s leading airline which provide domestic services in Brazil, Chile, Peru, Colombia and Ecuador, as well as regional flights and long-haul operations, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.

LATAM Airlines has a PEG ratio of 0.44 compared with 0.48 for the industry. The company possesses a Growth Score of A.

Shinhan Financial Group Co (SHG - Free Report) : This company which is Korea's largest financial services company, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Shinhan Financial Group has a PEG ratio of 0.52 compared with 1.00 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.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Ralph Lauren Corporation (RL) - free report >>

Shinhan Financial Group Co Ltd (SHG) - free report >>

LATAM Airlines Group S.A. (LTM) - free report >>

Published in