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Top Ranked Growth Stocks to Buy for January 2nd

Zacks Equity Research

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 2nd:

Berry Global Group, Inc. (BERY): This packaging solutions provider, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.

Berry Global Group, Inc. Price and Consensus

Berry Global Group, Inc. Price and Consensus

Berry Global Group, Inc. price-consensus-chart | Berry Global Group, Inc. Quote

Berry Global has a PEG ratio of 0.93 compared with 1.90 for the industry. The company possesses a Growth Score of B.

Berry Global Group, Inc. PEG Ratio (TTM)

Berry Global Group, Inc. PEG Ratio (TTM)

Berry Global Group, Inc. peg-ratio-ttm | Berry Global Group, Inc. Quote

Crestwood Equity Partners LP (CEQP):This infrastructure solutions provider to oil and gas companies, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Crestwood Equity Partners LP Price and Consensus

Crestwood Equity Partners LP Price and Consensus

Crestwood Equity Partners LP price-consensus-chart | Crestwood Equity Partners LP Quote

Crestwood Equity Partners has a PEG ratio of 1.59, compared with 2.43 for the industry. The company possesses a Growth Score of B.

Crestwood Equity Partners LP PEG Ratio (TTM)

Crestwood Equity Partners LP PEG Ratio (TTM)

Crestwood Equity Partners LP peg-ratio-ttm | Crestwood Equity Partners LP Quote

Allegiant Travel Company (ALGT): This leisure travel company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.

Allegiant Travel Company Price and Consensus

Allegiant Travel Company Price and Consensus

Allegiant Travel Company price-consensus-chart | Allegiant Travel Company Quote

Allegiant Travel has a PEG ratio of 0.46, compared with 1.18 for the industry. The company possesses a Growth Score of B.

Allegiant Travel Company PEG Ratio (TTM)

Allegiant Travel Company PEG Ratio (TTM)

Allegiant Travel Company peg-ratio-ttm | Allegiant Travel Company Quote

Encore Capital Group, Inc. (ECPG): This specialty finance company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

Encore Capital Group Inc Price and Consensus

Encore Capital Group Inc Price and Consensus

Encore Capital Group Inc price-consensus-chart | Encore Capital Group Inc Quote

Encore Capital has a PEG ratio of 0.50, compared with 0.63 for the industry. The company possesses a Growth Score of A.

Encore Capital Group Inc PEG Ratio (TTM)

Encore Capital Group Inc PEG Ratio (TTM)

Encore Capital Group Inc peg-ratio-ttm | Encore Capital Group Inc Quote

See the full list of top ranked stocks here.

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

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

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Encore Capital Group Inc (ECPG) : Free Stock Analysis Report
 
Crestwood Equity Partners LP (CEQP) : Free Stock Analysis Report
 
Berry Global Group, Inc. (BERY) : Free Stock Analysis Report
 
Allegiant Travel Company (ALGT) : Free Stock Analysis Report
 
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