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Top Ranked Growth Stocks to Buy for October 16th

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

D.R. Horton, Inc. (DHI - 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 0.2% over the last 60 days.

D.R. Horton has a PEG ratio of 1.04 compared with 2.65 for the industry. The company possesses a Growth Score of B.

Itron, Inc. (ITRI - Free Report) :This technology company, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

Itron, Inc. Price and Consensus

Itron, Inc. Price and Consensus

Itron, Inc. price-consensus-chart | Itron, Inc. Quote

Itron has a PEG ratio of 1.03, compared with 2.22 for the industry. The company possesses a Growth Score of B.

Itron, Inc. PEG Ratio (TTM)

Itron, Inc. PEG Ratio (TTM)

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

Standard Motor Products, Inc. (SMP - Free Report) : This manufacturer of automotive parts, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Standard Motor Products has a PEG ratio of 1.41, compared with 1.73 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.

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In-Depth Zacks Research for the Tickers Above


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Standard Motor Products, Inc. (SMP) - free report >>

Itron, Inc. (ITRI) - free report >>

D.R. Horton, Inc. (DHI) - free report >>