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Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 9th:
Delek US Holdings, Inc. (DK - Free Report) : This energy company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 34.9% over the last 60 days.
Lam Research Corporation (LRCX - Free Report) : This designer of semiconductor processing equipment, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.
HollyFrontier Corporation : This petroleum refiner, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 26.6% over the last 60 days.
Nanometrics Incorporated : This process control metrology systems, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.2% over the last 60 days.
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Top Ranked Growth Stocks to Buy for May 9th
Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, May 9th:
Delek US Holdings, Inc. (DK - Free Report) : This energy company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 34.9% over the last 60 days.
Delek US Holdings, Inc. Price and Consensus
Delek US Holdings, Inc. price-consensus-chart | Delek US Holdings, Inc. Quote
Delek US Holdings has a PEG ratio 1.52, compared with 1.89 for the industry. The company possesses a Growth Score of A.
Delek US Holdings, Inc. PEG Ratio (TTM)
Delek US Holdings, Inc. peg-ratio-ttm | Delek US Holdings, Inc. Quote
Lam Research Corporation (LRCX - Free Report) : This designer of semiconductor processing equipment, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.
Lam Research Corporation Price and Consensus
Lam Research Corporation price-consensus-chart | Lam Research Corporation Quote
Lam Research has a PEG ratio 0.62, compared with 1.03 for the industry. The company possesses a Growth Score of A.
Lam Research Corporation PEG Ratio (TTM)
Lam Research Corporation peg-ratio-ttm | Lam Research Corporation Quote
HollyFrontier Corporation : This petroleum refiner, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 26.6% over the last 60 days.
HollyFrontier Corporation Price and Consensus
HollyFrontier Corporation price-consensus-chart | HollyFrontier Corporation Quote
HollyFrontier has a PEG ratio 1.46, compared with 1.89 for the industry. The company possesses a Growth Score of A.
HollyFrontier Corporation PEG Ratio (TTM)
HollyFrontier Corporation peg-ratio-ttm | HollyFrontier Corporation Quote
Nanometrics Incorporated : This process control metrology systems, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.2% over the last 60 days.
Nanometrics Incorporated Price and Consensus
Nanometrics Incorporated price-consensus-chart | Nanometrics Incorporated Quote
Nanometrics has a PEG ratio 1.30, compared with 2.05 for the industry. The company possesses a Growth Score of A.
Nanometrics Incorporated PEG Ratio (TTM)
Nanometrics Incorporated peg-ratio-ttm | Nanometrics Incorporated Quote
See the full list of top ranked stocks here
Learn more about the Growth score and how it is calculated here.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>