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Top Ranked Growth Stocks to Buy for June 4th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, June 4th:

Strattec Security Corporation (STRT - Free Report) : This manufacturer of automotive access control products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Strattec Security has a PEG ratio of 1.49 compared with 7.83 for the industry. The company possesses a Growth Score of A.

Norsk Hydro ASA (NHYDY - Free Report) : This integrated aluminum company, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Norsk Hydro has a PEG ratio of 0.41, compared with 0.74 for the industry. The company possesses a Growth Score of A.

Norsk Hydro ASA PEG Ratio (TTM)

Norsk Hydro ASA PEG Ratio (TTM)

Norsk Hydro ASA peg-ratio-ttm | Norsk Hydro ASA Quote

NeoPhotonics Corporation (NPTN - Free Report) : This developer of optoelectronic products, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 61.8% over the last 60 days.

NeoPhotonics has a PEG ratio of 1.09, compared with 5.69 for the industry. The company possesses a Growth Score of A.

Perdoceo Education Corporation (PRDO - Free Report) : This operator of colleges, institutions and universities, which 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 0.74, compared with 3.41 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>