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Best Growth Stocks to Buy for May 4th

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

Arcos Dorados (ARCO - Free Report) : This company operates as a franchisee of McDonald's with its operations divided in Brazil, Latin America, and the Caribbean division, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

Arcos Dorados has a PEG ratio of 0.59 compared with 0.81 for the industry. The company possesses a Growth Score of A.

Devon Energy (DVN - Free Report) : This independent energy company engaged primarily in the exploration, development, and production of oil and natural gas, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.1% over the last 60 days.

Devon Energy has a PEG ratio of 0.16 compared with 0.20 for the industry. The company possesses a Growth Score of A.

Compania Cervecerias Unidas (CCU - Free Report) : This Chilean multinational beverage company with diversified businesses and operations, focused on the Southern Cone of South America, it carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.7% over the last 60 days.

Compania Cervecerias Unidas has a PEG ratio of 0.76 compared with 2.09 for the industry. The company possesses a Growth Score of B.

 

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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Devon Energy Corporation (DVN) - free report >>

Compania Cervecerias Unidas, S.A. (CCU) - free report >>

Arcos Dorados Holdings Inc. (ARCO) - free report >>

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