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Best Growth Stocks to Buy for October 23rd

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

Ultrapar Participacoes (UGP - Free Report) : This major Brazilian industrial group, which is one of the largest distributors of liquefied petroleum gas in Brazil and a leading producer of petrochemicals and chemical, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.5% over the last 60 days.

Ultrapar Participacoes has a PEG ratio of 0.42 compared with 1.76 for the industry. The company possesses a Growth Score of A.

Petco Health and Wellness Co. (WOOF - Free Report) : This fully-integrated health and wellness company for pet, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.3% over the last 60 days.

Petco Health and Wellness has a PEG ratio of 0.96 compared with 2.10 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 1.5% over the last 60 days.

monday.com has a PEG ratio of 1.01 compared with 3.19 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

 

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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