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Top Ranked Growth Stocks to Buy for January 2nd

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 2nd:

Berry Global Group, Inc. (BERY - Free Report) : This packaging solutions provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Berry Global has a PEG ratio of 0.93 compared with 1.90 for the industry. The company possesses a Growth Score of B.

Crestwood Equity Partners LP (CEQP - Free Report) :This infrastructure solutions provider to oil and gas companies, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Crestwood Equity Partners has a PEG ratio of 1.59, compared with 2.43 for the industry. The company possesses a Growth Score of B.

Allegiant Travel Company (ALGT - Free Report) : This leisure travel company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.

Allegiant Travel has a PEG ratio of 0.46, compared with 1.18 for the industry. The company possesses a Growth Score of B.

Encore Capital Group, Inc. (ECPG - Free Report) : This specialty finance company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Encore Capital has a PEG ratio of 0.50, compared with 0.63 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.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

See 7 handpicked stocks now >>