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Top Ranked Growth Stocks to Buy for January 18th

Zacks Equity Research

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, January 18th:

Depomed, Inc. (ASRT): This specialty pharmaceutical company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.

Depomed, Inc. Price and Consensus

Depomed, Inc. Price and Consensus

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

Depomed has a PEG ratio 0.29, compared with 1.95 for the industry. The company possesses a Growth Score of A.

Depomed, Inc. PEG Ratio (TTM)

Depomed, Inc. PEG Ratio (TTM)

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

ArcBest Corporation (ARCB): This freight transportation services provider, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest Corporation Price and Consensus

ArcBest Corporation price-consensus-chart | ArcBest Corporation Quote

ArcBest has a PEG ratio 0.22, compared with 0.70 for the industry. The company possesses a Growth Score of A.

ArcBest Corporation PEG Ratio (TTM)

ArcBest Corporation PEG Ratio (TTM)

ArcBest Corporation peg-ratio-ttm | ArcBest Corporation Quote

Lithia Motors, Inc. (LAD): This automotive franchises operator, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. price-consensus-chart | Lithia Motors, Inc. Quote

Lithia Motors has a PEG ratio 0.75, compared with 1.16 for the industry. The company possesses a Growth Score of A.

Lithia Motors, Inc. PEG Ratio (TTM)

Lithia Motors, Inc. PEG Ratio (TTM)

Lithia Motors, Inc. peg-ratio-ttm | Lithia Motors, Inc. Quote

Phillips 66 Partners LP (PSXP): This oil and gas pipeline and transportation operator, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

Phillips 66 Partners LP Price and Consensus

Phillips 66 Partners LP Price and Consensus

Phillips 66 Partners LP price-consensus-chart | Phillips 66 Partners LP Quote

Phillips 66 Partners has a PEG ratio 1.71, compared with 5.07 for the industry. The company possesses a Growth Score of B.

Phillips 66 Partners LP PEG Ratio (TTM)

Phillips 66 Partners LP PEG Ratio (TTM)

Phillips 66 Partners LP peg-ratio-ttm | Phillips 66 Partners LP 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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