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Top Ranked Growth Stocks to Buy for August 8th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 8th:

Meritage Homes Corporation (MTH - Free Report) : This home construction company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.

Meritage Homes has a PEG ratio of 1.44 compared with 2.04 for the industry. The company possesses a Growth Score of B.

Shiloh Industries, Inc. (SHLO - Free Report) :This automotive stampings company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.

Shiloh Industries has a PEG ratio of 3.29, compared with 5.98 for the industry. The company possesses a Growth Score of B.

Teradyne, Inc. (TER - Free Report) : This automatic test equipment developer, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.

Teradyne has a PEG ratio of 1.79, compared with 1.97 for the industry. The company possesses a Growth Score of B.

Teradyne, Inc. PEG Ratio (TTM)

Teradyne, Inc. PEG Ratio (TTM)

Teradyne, Inc. peg-ratio-ttm | Teradyne, Inc. Quote

Wesco Aircraft Holdings, Inc. (WAIR - Free Report) : This aerospace and defence company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

Wesco Aircraft has a PEG ratio of 0.97, compared with 1.54 for the industry. The company possesses a Growth Score of A.

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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