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Top Ranked Growth Stocks to Buy for June 8th

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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, June 8th:

Perdoceo Education Corporation (PRDO - Free Report) : This company operates colleges, institutions, and universities carries a Zacks Rank #1 (Strong Buy), and 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 0.72 compared with 3.57 for the industry. The company possesses a Growth Score of A.

Acacia Communications, Inc. (ACIA - Free Report) : This company that develops, manufactures, and sells high-speed coherent optical interconnect products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.8% over the last 60 days.

Acacia Communications has a PEG ratio of 0.95 compared with 1.87 for the industry. The company possesses a Growth Score of B.

Celestica Inc. (CLS - Free Report) : This company provides design, manufacturing, hardware platform, and supply chain solutions carries a Zacks Rank #2 (Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Celestica has a PEG ratio of 0.90 compared with 1.52 for the industry. The company possesses a Growth Score of A.

Celestica, Inc. PEG Ratio (TTM)

Celestica, Inc. PEG Ratio (TTM)

Celestica, Inc. peg-ratio-ttm | Celestica, Inc. Quote

Norsk Hydro ASA (NHYDY - Free Report) : This integrated aluminum company, which carries a Zacks Rank #2, 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 0.42, compared with 0.75 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

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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