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Best Growth Stocks to Buy for May 6th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 6th:

JD.com, Inc. (JD - Free Report) : This supply chain-based technologies and services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing nearly 3% over the last 60 days.

JD.com has a PEG ratio of 0.24 compared with 0.55 for the industry. The company possesses a Growth Score  of A.

JD.com, Inc. PEG Ratio (TTM)

JD.com, Inc. PEG Ratio (TTM)

JD.com, Inc. peg-ratio-ttm | JD.com, Inc. Quote

Powell Industries, Inc. (POWL - Free Report) : This custom-engineered equipment and systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.

Powell has a PEG ratio of 1.26 compared with 1.51 for the industry. The company possesses a Growth Score of A.

PDD Holdings Inc. (PDD - Free Report) : This e-commerce company that operates Pinduoduo carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing almost 18% over the last 60 days.

PDD Holdings has a PEG ratio of 0.34 compared with 0.55 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.


See More Zacks Research for These Tickers


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Powell Industries, Inc. (POWL) - free report >>

JD.com, Inc. (JD) - free report >>

PDD Holdings Inc. (PDD) - free report >>

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