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Best Growth Stocks to Buy for October 2nd

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 2nd:

Montrose Environmental Group (MEG - Free Report) : This company provides environmental services principally in the United States, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 100% over the last 60 days.

Montrose Environmental Group has a PEG ratio of 1.15 compared with 5.08 for the industry. The company possesses a Growth Score of A.

Ultrapar Participacoes (UGP - Free Report) : This major Brazilian industrial group which is one of the largest distributors of liquefied petroleum gas in Brazil and a leading producer of petrochemicals and chemical., carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.5% over the last 60 days.

Ultrapar Participacoes has a PEG ratio of 2.05 compared with 2.64 for the industry. The company possesses a Growth Score of A.

Western Digital (WDC - Free Report) : This company which is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

Western Digital has a PEG ratio of 1.02 compared with 2.16 for the industry. The company possesses a Growth Scoreof B.

 

See the full list of top ranked stocks here.

 

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

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