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Top Ranked Growth Stocks to Buy for August 1st

Zacks Equity Research
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Tree.com (TREE) Q3 Earnings Preview: What to Look Out For

Tree.com (TREE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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

UnitedHealth Group Incorporated (UNH): This diversified health care company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% over the last 60 days.

UnitedHealth Group Incorporated Price and Consensus

UnitedHealth Group Incorporated Price and Consensus

UnitedHealth Group Incorporated price-consensus-chart | UnitedHealth Group Incorporated Quote

UnitedHealth Group has a PEG ratio 1.51, compared with 1.84 for the industry. The company possesses a Growth Score of A.

UnitedHealth Group Incorporated PEG Ratio (TTM)

UnitedHealth Group Incorporated PEG Ratio (TTM)

UnitedHealth Group Incorporated peg-ratio-ttm | UnitedHealth Group Incorporated Quote

Ulta Beauty, Inc. (ULTA): This beauty retailer, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.2% over the last 60 days.

Ulta Beauty Inc. Price and Consensus

Ulta Beauty Inc. Price and Consensus

Ulta Beauty Inc. price-consensus-chart | Ulta Beauty Inc. Quote

Ulta Beauty has a PEG ratio 1.20, compared with 1.23 for the industry. The company possesses a Growth Score of A.

Ulta Beauty Inc. PEG Ratio (TTM)

Ulta Beauty Inc. PEG Ratio (TTM)

Ulta Beauty Inc. peg-ratio-ttm | Ulta Beauty Inc. Quote

Steel Dynamics, Inc. (STLD): This steel company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Steel Dynamics, Inc. Price and Consensus

Steel Dynamics, Inc. Price and Consensus

Steel Dynamics, Inc. price-consensus-chart | Steel Dynamics, Inc. Quote

Steel Dynamics has a PEG ratio 0.75, compared with 1.36 for the industry. The company possesses a Growth Score of A.

Steel Dynamics, Inc. PEG Ratio (TTM)

Steel Dynamics, Inc. PEG Ratio (TTM)

Steel Dynamics, Inc. peg-ratio-ttm | Steel Dynamics, Inc. Quote

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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