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

Macro Bank (BMA Quick QuoteBMA - Free Report) : This leading bank in Argentina has a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

Macro Bank Inc. Price and Consensus

Macro Bank Inc. price-consensus-chart | Macro Bank Inc. Quote

Macro Bank has a PEG ratio of 0.59 compared with 0.86 for the industry. The company possesses a Growth Score of A.

Macro Bank Inc. PEG Ratio (TTM)

Macro Bank Inc. peg-ratio-ttm | Macro Bank Inc. Quote

Five Below, Inc. (FIVE Quick QuoteFIVE - Free Report) : This specialty retail company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.

Five Below, Inc. Price and Consensus

Five Below, Inc. price-consensus-chart | Five Below, Inc. Quote

Five Below has a PEG ratio of 1.07 compared with 2.25 for the industry. The company possesses a Growth Score of A.

Five Below, Inc. PEG Ratio (TTM)

Five Below, Inc. peg-ratio-ttm | Five Below, Inc. Quote

Dycom Industries, Inc. (DY Quick QuoteDY - Free Report) : This infrastructure services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.1% over the last 60 days.

Dycom Industries, Inc. Price and Consensus

Dycom Industries, Inc. price-consensus-chart | Dycom Industries, Inc. Quote

Dycom Industries has a PEG ratio of 0.70 compared with 1.28 for the industry. The company possesses a Growth Score of A.

Dycom Industries, Inc. PEG Ratio (TTM)

Dycom Industries, Inc. peg-ratio-ttm | Dycom Industries, Inc. Quote

See the full list of top ranked stocks here.

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