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Top Ranked Growth Stocks to Buy for May 4th

Zacks Equity Research
·2 min read

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 4th:

ASE Technology Holding Co., Ltd. (ASX): This company that provides a range of semiconductors packaging and testing, and electronic manufacturing services carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Advanced Semiconductor Engineering, Inc. Price and Consensus

Advanced Semiconductor Engineering, Inc. Price and Consensus
Advanced Semiconductor Engineering, Inc. Price and Consensus

Advanced Semiconductor Engineering, Inc. price-consensus-chart | Advanced Semiconductor Engineering, Inc. Quote

ASE Technology Holding has a PEG ratio of 0.43, compared with 0.57 for the industry. The company possesses a Growth Score of A.

Advanced Semiconductor Engineering, Inc. PEG Ratio (TTM)

Advanced Semiconductor Engineering, Inc. PEG Ratio (TTM)
Advanced Semiconductor Engineering, Inc. PEG Ratio (TTM)

Advanced Semiconductor Engineering, Inc. peg-ratio-ttm | Advanced Semiconductor Engineering, Inc. Quote

Norsk Hydro ASA (NHYDY): This integrated aluminum company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Norsk Hydro ASA Price and Consensus

Norsk Hydro ASA Price and Consensus
Norsk Hydro ASA Price and Consensus

Norsk Hydro ASA price-consensus-chart | Norsk Hydro ASA Quote

Norsk Hydro has a PEG ratio of 0.23, compared with 0.66 for the industry. The company possesses a Growth Score of A.

Norsk Hydro ASA PEG Ratio (TTM)

Norsk Hydro ASA PEG Ratio (TTM)
Norsk Hydro ASA PEG Ratio (TTM)

Norsk Hydro ASA peg-ratio-ttm | Norsk Hydro ASA Quote

Teekay Tankers Ltd. (TNK): This company that provides marine transportation services to oil industries carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.9% over the last 60 days.

Teekay Tankers Ltd. Price and Consensus

Teekay Tankers Ltd. Price and Consensus
Teekay Tankers Ltd. Price and Consensus

Teekay Tankers Ltd. price-consensus-chart | Teekay Tankers Ltd. Quote

Teekay Tankers has a PEG ratio of 0.82, compared with 1.19 for the industry. The company possesses a Growth Score of A.

Teekay Tankers Ltd. PEG Ratio (TTM)

Teekay Tankers Ltd. PEG Ratio (TTM)
Teekay Tankers Ltd. PEG Ratio (TTM)

Teekay Tankers Ltd. peg-ratio-ttm | Teekay Tankers Ltd. 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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