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Best Growth Stocks to Buy for July 31st

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today July 31st:

Sanmina (SANM - Free Report) : This company, which is a global provider of electronics contract manufacturing services, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.

Sanmina has a PEG ratio of 0.56 compared with 0.92 for the industry. The company possesses a Growth Score of A.

Unity Software (U - Free Report) : This company, which provides a platform to develop, deploy and grow games and interactive 3D experiences across mobile, PC, console and extended reality, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.

Unity Software has a PEG ratio of 1.34 compared with 6.75 for the industry. The company possesses a Growth Score of A.

NVIDIA (NVDA - Free Report) : This company, which is the worldwide leader in visual computing technologies and the inventor of the graphics processing unit, or GPU, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

NVIDIA has a PEG ratio of 0.37 compared with 0.69 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.

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