Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 16th:

Arcos Dorados Holdings Inc. (ARCO Quick QuoteARCO - Free Report) : This franchisee of McDonald’s restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.4% over the last 60 days.

Arcos Dorados has a PEG ratio of 1.18 compared with 1.63 for the industry. The company possesses a Growth Score  of A.

Lamb Weston Holdings, Inc. (LW Quick QuoteLW - Free Report) : This producer of value-added frozen potato products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.7% over the last 60 days.

Lamb Weston has a PEG ratio of 0.84 compared with 1.97 for the industry. The company possesses a Growth Score of B.

Cal-Maine Foods, Inc. (CALM Quick QuoteCALM - Free Report) : This producer of shell eggs carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 91.2% over the last 60 days.

Cal-Maine Foods has a PEG ratio of 0.16 compared with 0.27 for the industry. The company possesses a Growth Score of A.

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.