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Top Ranked Growth Stocks to Buy for August 16th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 16th:

Meritage Homes Corporation (MTH - Free Report) : This homebuilder, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Meritage Corporation Price and Consensus

Meritage Homes has a PEG ratio of 1.42, compared with 2.84 for the industry. The company possesses a Growth Score of B.

Meritage Corporation PEG Ratio (TTM)

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

Teradyne, Inc. Price and Consensus

Teradyne has a PEG ratio of 1.82, compared with 1.97 for the industry. The company possesses a Growth Score of B.

Teradyne, Inc. PEG Ratio (TTM)

PC Connection, Inc. (CNXN - Free Report) : This technology solutions provider to business, government, and education markets, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

PC Connection, Inc. Price and Consensus

PC Connection has a PEG ratio of 1.58, compared with 1.80 for the industry. The company possesses a Growth Score of B.

PC Connection, Inc. PEG Ratio (TTM)

Boot Barn Holdings, Inc. (BOOT - Free Report) : This lifestyle retailer of western and work-related footwear, apparel and accessories, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.

Boot Barn Holdings, Inc. Price and Consensus

Boot Barn has a PEG ratio of 1.05, compared with 1.48 for the industry. The company possesses a Growth Score of B.

Boot Barn Holdings, Inc. PEG Ratio (TTM)

See the full list of top ranked stocks here                      

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