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Top Ranked Growth Stocks to Buy for May 7th

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Zacks Equity Research
·2 min read
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  • BJ
  • PETQ

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 7th:

NeoPhotonics Corporation (NPTN): This developer of optoelectronic products, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 52.9% over the last 60 days.

NeoPhotonics Corporation Price and Consensus

NeoPhotonics Corporation Price and Consensus
NeoPhotonics Corporation Price and Consensus

NeoPhotonics Corporation price-consensus-chart | NeoPhotonics Corporation Quote

NeoPhotonics has a PEG ratio of 1.05 compared with 2.83 for the industry. The company possesses a Growth Score of A.

NeoPhotonics Corporation PEG Ratio (TTM)

NeoPhotonics Corporation PEG Ratio (TTM)
NeoPhotonics Corporation PEG Ratio (TTM)

NeoPhotonics Corporation peg-ratio-ttm | NeoPhotonics Corporation Quote

BJ's Wholesale Club Holdings, Inc. (BJ): This operator of warehouse clubs, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

BJs Wholesale Club Holdings Inc Price and Consensus

BJs Wholesale Club Holdings Inc Price and Consensus
BJs Wholesale Club Holdings Inc Price and Consensus

BJs Wholesale Club Holdings Inc price-consensus-chart | BJs Wholesale Club Holdings Inc Quote

BJ's Wholesale Club has a PEG ratio of 1.43, compared with 1.56 for the industry. The company possesses a Growth Score of B.

BJs Wholesale Club Holdings Inc PEG Ratio (TTM)

BJs Wholesale Club Holdings Inc PEG Ratio (TTM)
BJs Wholesale Club Holdings Inc PEG Ratio (TTM)

BJs Wholesale Club Holdings Inc peg-ratio-ttm | BJs Wholesale Club Holdings Inc Quote

PetIQ, Inc. (PETQ): This pet medication and wellness company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

PetIQ Inc Price and Consensus

PetIQ Inc Price and Consensus
PetIQ Inc Price and Consensus

PetIQ Inc price-consensus-chart | PetIQ Inc Quote

PetIQ has a PEG ratio of 0.88, compared with 1.35 for the industry. The company possesses a Growth Score of A.

PetIQ Inc PEG Ratio (TTM)

PetIQ Inc PEG Ratio (TTM)
PetIQ Inc PEG Ratio (TTM)

PetIQ Inc peg-ratio-ttm | PetIQ Inc Quote

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


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
 
PetIQ Inc (PETQ) : Free Stock Analysis Report
 
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