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Best Growth Stocks to Buy for June 24th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 24th:

Powell Industries (POWL - Free Report) : This company which is a metal-working shop to support the petrochemical facilities, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.

Powell Industries has a PEG ratio of 1.22 compared with 1.46 for the industry. The company possesses a Growth Score of A.

The ODP Corporation (ODP - Free Report) : This company which is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses, 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.

The ODP Corporation has a PEG ratio of 0.46 compared with 0.97 for the industry. The company possesses a Growth Score of B

Silicon Motion Technology (SIMO - Free Report) : This company which is a leading developer of microcontroller ICs for NAND flash storage devices, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.

Silicon Motion Technology has a PEG ratio of 0.62 compared with 9.40 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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The ODP Corporation (ODP) - free report >>

Silicon Motion Technology Corporation (SIMO) - free report >>

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

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