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Best Growth Stocks to Buy for August 6th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 6:

Sanmina Corporation (SANM - 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 0.64 compared with 1.01 for the industry. The company possesses a Growth Score of B.

Oscar Health, Inc. (OSCR - Free Report) : This healthcare technology company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 138.3% over the last 60 days.

Oscar Health has a PEG ratio of 0.89 compared with 0.95 for the industry. The company possesses a Growth Score of A.

PENN Entertainment, Inc. (PENN - 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 0.40 compared with 0.75 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.

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