Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 8:

Micron Technology, Inc. (MU Quick QuoteMU - Free Report) : This memory and storage products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 93.3% over the last 60 days.

Micron Technology has a PEG ratio of 0.21 compared with 1.16 for the industry. The company possesses a  Growth Score of A.

Eli Lilly and Company (LLY Quick QuoteLLY - Free Report) : This large-cap pharmaceutical company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing nearly 6% over the last 60 days.

Eli Lilly has a PEG ratio of 0.77 compared with 1.31 for the industry. The company possesses a Growth Score of B.

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 19.8% over the last 60 days.

Skillsoft has a PEG ratio of 0.20 compared with 0.75 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.