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Top Ranked Growth Stocks to Buy for May 15th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 15th:

Acacia Communications, Inc : This company that develops, manufactures, and sells high-speed coherent optical interconnect products, carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.7% over the last 60 days.

Acacia Communications has a PEG ratio of 0.94, compared with 18.7 for the industry. The company possesses a Growth Score of B.

Perdoceo Education Corporation (PRDO - Free Report) : This company that operates colleges, institutions, and universities, carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Perdoceo Education has a PEG ratio of 0.65, compared with 3.10 for the industry. The company possesses a Growth Score of A.

Teekay Tankers Ltd. (TNK - Free Report) : This company that provides marine transportation services to oil industries carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.4% over the last 60 days.

Teekay Tankers has a PEG ratio of 0.58, compared with 1.05 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.

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