Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 4:

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

Sanmina has a PEG ratio of 0.57 compared with 0.91 for the industry. The company possesses a Growth Score of A.

NVIDIA Corporation (NVDA Quick QuoteNVDA - Free Report) : This provider of graphics, and compute and networking solutions 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 0.38 compared with 0.70 for the industry. The company possesses a Growth Score of B.

PENN Entertainment, Inc. (PENN Quick QuotePENN - Free Report) : This operator of casinos, online sports betting, gaming, and integrated entertainment platforms carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

PENN has a PEG ratio of 0.41 compared with 0.72 for the industry. The company possesses a Growth Score of A.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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