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Top Ranked Growth Stocks to Buy for August 2nd

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 2nd:

Principal Financial Group (PFG - Free Report) : This provider of retirement, asset management, and insurance products and services, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3% over the last 60 days.

Principal Financial Group, Inc. Price and Consensus

Principal Financial has a PEG ratio of 1.38, compared with 3.88 for the industry. The company possesses a Growth Score of B.

Principal Financial Group, Inc. PEG Ratio (TTM)

Laureate Education, Inc. (LAUR - Free Report) : This operator of international network of degree-granting higher education institutions, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Laureate Education Inc. Price and Consensus

Laureate Education has a PEG ratio of 0.68, compared with 1.87 for the industry. The company possesses a Growth Score of A.

Laureate Education Inc. PEG Ratio (TTM)

Pinnacle Financial Partners, Inc. (PNFP - Free Report) : This bank holding company for Pinnacle Bank, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Pinnacle Financial Partners, Inc. Price and Consensus

Pinnacle Financial has a PEG ratio of 0.78, compared with 1.89 for the industry. The company possesses a Growth Score of B.

Pinnacle Financial Partners, Inc. PEG Ratio (TTM)

Alaska Air Group (ALK - Free Report) : This provider of air transportation services to more than 100 cities across North America, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4% over the last 60 days.

Alaska Air Group, Inc. Price and Consensus

Alaska Air has a PEG ratio of 0.49, compared with 0.64 for the industry. The company possesses a Growth Score of A.

Alaska Air Group, Inc. PEG Ratio (TTM)

See the full list of top ranked stocks here                      

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