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Top Ranked Growth Stocks to Buy for May 7th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 7th:

NeoPhotonics Corporation (NPTN - Free Report) : This developer of optoelectronic products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.9% over the last 60 days.

NeoPhotonics has a PEG ratio of 1.05 compared with 2.83 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 #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

BJ's Wholesale Club has a PEG ratio of 1.43, compared with 1.56 for the industry. The company possesses a Growth Score of B.

PetIQ, Inc. (PETQ - Free Report) : This pet medication and wellness company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

PetIQ Inc Price and Consensus

PetIQ Inc Price and Consensus

PetIQ Inc price-consensus-chart | PetIQ Inc Quote

PetIQ has a PEG ratio of 0.88, compared with 1.35 for the industry. The company possesses a Growth Score of A.

PetIQ Inc PEG Ratio (TTM)

PetIQ Inc PEG Ratio (TTM)

PetIQ Inc peg-ratio-ttm | PetIQ Inc Quote

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.

Today, See These 5 Potential Home Runs >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


PetIQ, Inc. (PETQ) - free report >>

NeoPhotonics Corporation (NPTN) - free report >>

BJs Wholesale Club Holdings, Inc. (BJ) - free report >>