Top Ranked Growth Stocks to Buy for June 2nd

Zacks Equity Research

Updated Fri, Jun 2, 2017, 7:09 AM

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong growth characteristics for investors to consider today, June 2nd:

Mercadolibre, Inc. (MELI) : This major online trading platform in Latin America has witnessed the Zacks Consensus Estimate for its current year earnings rising 4.2% over the last 60 days.

MercadoLibre, Inc. Price and Consensus

MercadoLibre, Inc. Price and Consensus | MercadoLibre, Inc. Quote

Mercadolibre has a low PEG ratio of 2.02. The company possesses a Growth Score of B.

The Chemours Company (CC) : This chemical company has witnessed the Zacks Consensus Estimate for its current year earnings rising 19.3% over the last 60 days.

Chemours Company (The) Price and Consensus

Chemours Company (The) Price and Consensus | Chemours Company (The) Quote

Chemours has a PEG ratio 0.77, compared with 1.52 for the industry. The company possesses a Growth Score of A.

Big 5 Sporting Goods Corp. (BGFV) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.8% over the last 60 days.

Big 5 Sporting Goods Corporation Price and Consensus

Big 5 Sporting Goods Corporation Price and Consensus | Big 5 Sporting Goods Corporation Quote

Big 5 Sporting Goods has a PEG ratio of 0.97, compared with 1.26 for the industry. The company possesses a Growth Score of A.

Weight Watchers International, Inc. (WTW): This provider of weight management services has witnessed the Zacks Consensus Estimate for its current year earnings rising 16.8% over the last 60 days.

Weight Watchers International Inc Price and Consensus

Weight Watchers International Inc Price and Consensus | Weight Watchers International Inc Quote

Weight Watchers International has a PEG ratio of 1.37, compared with 1.93 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

Want to see all of today's Zacks Strong Buys?

You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 stocks free of charge. There is no better place to start your own stock search. Plus you can also access the full list of must-avoid Zacks Strong Sells and other private research. See the stocks free >>.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Click for Free Weight Watchers International Inc (WTW) Stock Analysis Report >>

Click for Free MercadoLibre, Inc. (MELI) Stock Analysis Report >>

Click for Free Chemours Company (The) (CC) Stock Analysis Report >>

Click for Free Big 5 Sporting Goods Corporation (BGFV) Stock Analysis Report >>

To read this article on Zacks.com click here.

Zacks Investment Research

The Headache at the End of the Costco Gold Rush
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The Wall Street Journal•8h ago
Nvidia Sinks, Exposing 8 'Secrets' For When To Sell Stocks
As top growth stocks like Nvidia fall below key moving averages, keep in mind these proven rules for when to sell stocks.
Investor's Business Daily•28m ago
Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Business Insider•19h ago
Why Super Micro Computer Stock Just Crashed 17%
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Motley Fool•3h ago
Here is What to Know Beyond Why Pfizer Inc. (PFE) is a Trending Stock
Recently, Zacks.com users have been paying close attention to Pfizer (PFE). This makes it worthwhile to examine what the stock has in store.
Zacks•7h ago
Magnificent Seven Stocks To Buy And Watch: Nvidia Stock Dives Below Key Level
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to buy and watch in today's stock market.
Investor's Business Daily•56m ago
Super Micro Leads Tech Selloff as AI Winners Slump Sharply
(Bloomberg) -- Super Micro Computer Inc. shares are seeing their biggest drop in about two months on Friday, leading a sharp decline among technology stocks with exposure to artificial intelligence.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on Iran‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapThe maker
Bloomberg•3h ago
Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat
While more older boomers tend to have a pension, a looming wave of younger retirees are about to strain the economy and Social Security.
Business Insider•2h ago
Nvidia Falls Below Key Level Of Support; Is Nvidia A Buy Now?
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
Investor's Business Daily•5h ago
Trump media shares gain as it suggests 'potential market manipulation'
Trump Media & Technology Group wrote to Nasdaq CEO Adena Friedman alerting the exchange to "potential market manipulation" in the stock, it disclosed in a Friday filing with the Securities and Exchange Commission. Trump Media shares have been highly volatile and in recent days have hovered at nearly half their March 26 debut closing price of $57.99. In the letter, Trump Media CEO and former Congressman Devin Nunes suggested "naked" short-selling was to blame.
Reuters•3h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Top Ranked Growth Stocks to Buy for June 2nd

Recommended Stories

The Headache at the End of the Costco Gold Rush

Nvidia Sinks, Exposing 8 'Secrets' For When To Sell Stocks

Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street

Why Super Micro Computer Stock Just Crashed 17%

Here is What to Know Beyond Why Pfizer Inc. (PFE) is a Trending Stock

Magnificent Seven Stocks To Buy And Watch: Nvidia Stock Dives Below Key Level

Super Micro Leads Tech Selloff as AI Winners Slump Sharply

Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat

Nvidia Falls Below Key Level Of Support; Is Nvidia A Buy Now?

Trump media shares gain as it suggests 'potential market manipulation'