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Top Ranked Growth Stocks to Buy for May 23rd

Zacks Equity Research

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

Waste Connections, Inc. (WCN): This waste services company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

Waste Connections, Inc. Price and Consensus

Waste Connections, Inc. Price and Consensus | Waste Connections, Inc. Quote

Waste Connections has a PEG ratio 1.90, compared with 1.91 for the industry. The company possesses a Growth Score of A.

Waste Connections, Inc. PEG Ratio (TTM)

Waste Connections, Inc. PEG Ratio (TTM) | Waste Connections, Inc. Quote

Telecom Argentina S.A. (TEO): This telephone service provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 3.4% over the last 60 days.

Telecom Argentina Stet - France Telecom S.A. Price and Consensus

Telecom Argentina Stet - France Telecom S.A. Price and Consensus | Telecom Argentina Stet - France Telecom S.A. Quote

Telecom Argentina has a PEG ratio 1.64, compared with 2.14 for the industry. The company possesses a Growth Score of A.

Telecom Argentina Stet - France Telecom S.A. PEG Ratio (TTM)

Telecom Argentina Stet - France Telecom S.A. PEG Ratio (TTM) | Telecom Argentina Stet - France Telecom S.A. Quote

Anixter International Inc. (AXE): This electronics company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

Anixter International Inc. Price and Consensus

Anixter International Inc. Price and Consensus | Anixter International Inc. Quote

Anixter International has a PEG ratio 1.44, compared with 1.58 for the industry. The company possesses a Growth Score of A.

Anixter International Inc. PEG Ratio (TTM)

Anixter International Inc. PEG Ratio (TTM) | Anixter International Inc. Quote

CEMEX, S.A.B. de C.V. (CX): This cement company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 45.2% over the last 60 days.

Cemex S.A.B. de C.V. Price and Consensus

Cemex S.A.B. de C.V. Price and Consensus | Cemex S.A.B. de C.V. Quote

CEMEX has a PEG ratio 0.79, compared with 1.19 for the industry. The company possesses a Growth Score of A.

Cemex S.A.B. de C.V. PEG Ratio (TTM)

Cemex S.A.B. de C.V. PEG Ratio (TTM) | Cemex S.A.B. de C.V. 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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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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