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Top Ranked Growth Stocks to Buy for May 1st

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 1st:

Alamos Gold Inc. (AGI - Free Report) : This explorer of gold deposits, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 72.7% over the last 60 days.

Alamos Gold has a PEG ratio of 0.88 compared with 0.98 for the industry. The company possesses a Growth Score of A.

Gold Fields Limited (GFI - Free Report) : This gold producer, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.5% over the last 60 days.

Gold Fields has a PEG ratio of 0.47, compared with 0.98 for the industry. The company possesses a Growth Score of A.

BJ's Wholesale Club Holdings, Inc. (BJ - Free Report) : This operator of warehouse clubs, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

BJ's Wholesale Club has a PEG ratio of 1.40, compared with 1.63 for the industry. The company possesses a Growth Score of A.

Spartan Motors, Inc. (SPAR - Free Report) : This manufacturer of specialty vehicles, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Spartan Motors has a PEG ratio of 1.01, compared with 1.81 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.

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.

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