Back to top

Image: Bigstock

Top Ranked Growth Stocks to Buy for October 10th

Read MoreHide Full Article

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 10th:

Genesco Inc. (GCO - Free Report) : This specialty retail company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Genesco has a PEG ratio of 1.83 compared with 3.07 for the industry. The company possesses a Growth Score of A.

Genesco Inc. PEG Ratio (TTM)

Genesco Inc. PEG Ratio (TTM)

Genesco Inc. peg-ratio-ttm | Genesco Inc. Quote

Meritage Homes Corporation (MTH - Free Report) :This home construction company, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Meritage Homes has a PEG ratio of 1.56, compared with 2.58 for the industry. The company possesses a Growth Score of B.

Northrop Grumman Corporation (NOC - Free Report) : This aerospace and defense company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

Northrop Grumman has a PEG ratio of 1.51, compared with 1.65 for the industry. The company possesses a Growth Score of A.

Merck & Co., Inc. (MRK - Free Report) : This pharmaceutical company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 60 days.

Merck has a PEG ratio of 1.71, compared with 1.88 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.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Published in