Best Growth Stocks to Buy for May 1st

Zacks
01 May

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.

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

Southwest Gas Corporation (SWX) : Free Stock Analysis Report

Broadcom Inc. (AVGO) : Free Stock Analysis Report

Griffon Corporation (GFF) : Free Stock Analysis Report

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

Zacks Investment Research

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10