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Top Ranked Growth Stocks to Buy for January 23rd

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 23rd:

Cenovus Energy Inc. (CVE - Free Report) : This producer of crude oil, natural gas liquids and natural gas, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 68.2% over the last 60 days.

Cenovus Energy has a PEG ratio of 1.43 compared with 2.27 for the industry. The company possesses a Growth Score of A.

Copa Holdings, S.A. (CPA - Free Report) :This provider of airline passenger and cargo services, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

Copa has a PEG ratio of 0.68, compared with 1.33 for the industry. The company possesses a Growth Score of A.

Carriage Services, Inc. (CSV - Free Report) : This provider of funeral and cemetery services, 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.

Carriage Services has a PEG ratio of 1.01, compared with 1.30 for the industry. The company possesses a Growth Score of B.

Churchill Downs Incorporated (CHDN - Free Report) : This racing, gaming and online entertainment company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days.

Churchill Downs has a PEG ratio of 1.92, compared with 2.02 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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