Best Growth Stocks to Buy for May 1st

Zacks
05-01

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 1st:

Griffon GFF: These company which is engaged in the manufacture and sale of a wide range of consumer and professional, and home and building products including garage doors, shutters, materials for disposable diapers and disposable health care products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

Griffon Corporation Price and Consensus

Griffon Corporation price-consensus-chart | Griffon Corporation Quote

Griffon has a PEG ratio of 0.69 compared with 0.77 for the industry. The company possesses a Growth Score of A.

Griffon Corporation PEG Ratio (TTM)

Griffon Corporation peg-ratio-ttm | Griffon Corporation Quote

Broadcom AVGO These company which is a premier designer, developer and global supplier of a broad range of semiconductor devices, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.

Broadcom Inc. Price and Consensus

Broadcom Inc. price-consensus-chart | Broadcom Inc. Quote

Broadcom has a PEG ratio of 1.53 compared with 12.14 for the industry. The company possesses a Growth Score of B.

Broadcom Inc. PEG Ratio (TTM)

Broadcom Inc. peg-ratio-ttm | Broadcom Inc. Quote

Southwest GasSWX: This energy holding company that provides natural gas services, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Southwest Gas Corporation Price and Consensus

Southwest Gas Corporation price-consensus-chart | Southwest Gas Corporation Quote

Southwest Gas has a PEG ratio of 2.03 compared with 2.06 for the industry. The company possesses a Growth Score of B.

Southwest Gas Corporation PEG Ratio (TTM)

Southwest Gas Corporation peg-ratio-ttm | Southwest Gas Corporation 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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Southwest Gas Corporation (SWX) : Free Stock Analysis Report

Broadcom Inc. (AVGO) : Free Stock Analysis Report

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This article originally published on Zacks Investment Research (zacks.com).

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