U.S. Markets close in 4 hrs 42 mins

Top Ranked Growth Stocks to Buy for October 23rd

Zacks Equity Research

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 23rd:

Boot Barn Holdings, Inc. (BOOT): This lifestyle retail chain, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

Boot Barn Holdings, Inc. Price and Consensus

Boot Barn Holdings, Inc. Price and Consensus

Boot Barn Holdings, Inc. price-consensus-chart | Boot Barn Holdings, Inc. Quote

Boot Barn has a PEG ratio of 1.51 compared with 2.89 for the industry. The company possesses a Growth Score of B.

Boot Barn Holdings, Inc. PEG Ratio (TTM)

Boot Barn Holdings, Inc. PEG Ratio (TTM)

Boot Barn Holdings, Inc. peg-ratio-ttm | Boot Barn Holdings, Inc. Quote

Booking Holdings Inc. (BKNG):This provider of online travel and related services, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Booking Holdings Inc. Price and Consensus

Booking Holdings Inc. Price and Consensus

Booking Holdings Inc. price-consensus-chart | Booking Holdings Inc. Quote

Booking Holdings has a PEG ratio of 1.51, compared with 4.15 for the industry. The company possesses a Growth Score of A.

Booking Holdings Inc. PEG Ratio (TTM)

Booking Holdings Inc. PEG Ratio (TTM)

Booking Holdings Inc. peg-ratio-ttm | Booking Holdings Inc. Quote

Adobe Inc. (ADBE): This diversified software company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Adobe Systems Incorporated Price and Consensus

Adobe Systems Incorporated Price and Consensus

Adobe Systems Incorporated price-consensus-chart | Adobe Systems Incorporated Quote

Adobe has a PEG ratio of 2.05, compared with 3.24 for the industry. The company possesses a Growth Score of B.

Adobe Systems Incorporated PEG Ratio (TTM)

Adobe Systems Incorporated PEG Ratio (TTM)

Adobe Systems Incorporated peg-ratio-ttm | Adobe Systems Incorporated Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>


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
 
Boot Barn Holdings, Inc. (BOOT) : Free Stock Analysis Report
 
Booking Holdings Inc. (BKNG) : Free Stock Analysis Report
 
Adobe Systems Incorporated (ADBE) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.