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Top Ranked Growth Stocks to Buy for December 16th

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

D.R. Horton, Inc. (DHI - Free Report) : This homebuilding company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

D.R. Horton has a PEG ratio of 0.95 compared with 1.49 for the industry. The company possesses a Growth Score of A.

Callaway Golf Company (ELY - Free Report) : This company that designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.7% over the last 60 days.

Callaway Golf has a PEG ratio of 0.75, compared with 1.22 for the industry. The company possesses a Growth Score of A.

Legg Mason, Inc. LM: This asset management holding company company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Legg Mason has a PEG ratio of 0.86, compared with 1.53 for the industry. The company possesses a Growth Score of B.

Alexion Pharmaceuticals, Inc. (ALXN - Free Report) : This company that develops and commercializes various therapeutic products, carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

Alexion Pharmaceuticals has a PEG ratio of 0.76, compared with 0.77 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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Callaway Golf Company (ELY) - free report >>

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

Alexion Pharmaceuticals, Inc. (ALXN) - free report >>