Top Ranked Growth Stocks to Buy for October 16th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 16th:

D.R. Horton, Inc. (DHI): This home construction company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. Price and Consensus
D.R. Horton, Inc. Price and Consensus

D.R. Horton, Inc. price-consensus-chart | D.R. Horton, Inc. Quote

D.R. Horton has a PEG ratio of 1.04 compared with 2.65 for the industry. The company possesses a Growth Score of B.

D.R. Horton, Inc. PEG Ratio (TTM)

D.R. Horton, Inc. PEG Ratio (TTM)
D.R. Horton, Inc. PEG Ratio (TTM)

D.R. Horton, Inc. peg-ratio-ttm | D.R. Horton, Inc. Quote

Itron, Inc. (ITRI):This technology company, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

Itron, Inc. Price and Consensus

Itron, Inc. Price and Consensus
Itron, Inc. Price and Consensus

Itron, Inc. price-consensus-chart | Itron, Inc. Quote

Itron has a PEG ratio of 1.03, compared with 2.22 for the industry. The company possesses a Growth Score of B.

Itron, Inc. PEG Ratio (TTM)

Itron, Inc. PEG Ratio (TTM)
Itron, Inc. PEG Ratio (TTM)

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

Standard Motor Products, Inc. (SMP): This manufacturer of automotive parts, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

Standard Motor Products, Inc. Price and Consensus

Standard Motor Products, Inc. Price and Consensus
Standard Motor Products, Inc. Price and Consensus

Standard Motor Products, Inc. price-consensus-chart | Standard Motor Products, Inc. Quote

Standard Motor Products has a PEG ratio of 1.41, compared with 1.73 for the industry. The company possesses a Growth Score of B.

Standard Motor Products, Inc. PEG Ratio (TTM)

Standard Motor Products, Inc. PEG Ratio (TTM)
Standard Motor Products, Inc. PEG Ratio (TTM)

Standard Motor Products, Inc. peg-ratio-ttm | Standard Motor Products, 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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