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

Skillsoft Corp. (SKIL Quick QuoteSKIL - Free Report) : This instructor-led training services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 240.9% over the last 60 days.

Skillsoft has a PEG ratio of 0.51 compared with 0.96 for the industry. The company possesses a  Growth Score of B.

Construction Partners, Inc. (ROAD Quick QuoteROAD - Free Report) : This civil infrastructure company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing nearly 2% over the last 60 days.

Construction Partners has a PEG ratio of 1.03 compared with 1.71 for the industry. The company possesses a Growth Score of B.

Ultrapar Participaçoes S.A. (UGP Quick QuoteUGP - Free Report) : This distributor of liquefied petroleum gas, gasoline, ethanol, diesel, fuel oil and kerosene etc. carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

Ultrapar has a PEG ratio of 1.97 compared with 2.56 for the industry. The company possesses a Growth Score of A.

See the full list of top ranked stocks here.

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