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Best Growth Stocks to Buy for October 2nd

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 2nd:

Valero Energy (VLO - Free Report) : This company, which is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 25.5% over the last 60 days.

Valero Energy has a PEG ratio of 0.26 compared with 0.34 for the industry. The company possesses a Growth Score of A.

monday.com (MNDY - Free Report) : This company, which provides an open platform which democratizes the power of software so organizations can easily build software applications and work management tools to fit their every need, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.5% over the last 60 days.

monday.com has a PEG ratio of 0.75 compared with 3.36 for the industry. The company possesses a Growth Score of B.

monday.com Ltd. PEG Ratio (TTM)

monday.com Ltd. PEG Ratio (TTM)

monday.com Ltd. peg-ratio-ttm | monday.com Ltd. Quote

Motorsport Games (MSGM - Free Report) : This company, which is a racing game developer, publisher and esports ecosystem provider of official motorsport racing series, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.4% over the last 60 days.

Motorsport Games has a PEG ratio of 0.65 compared with 0.84 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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