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Best Growth Stocks to Buy for July 23rd

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 23rd:

Silicon Motion Technology Corporation (SIMO - Free Report) : This manufacturer of NAND flash controllers for solid-state storage devices carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Silicon Motion Technology has a PEG ratio of 0.55 compared with 5.76 for the industry. The company possesses a Growth Score  of B.

Despegar.com, Corp. (DESP - Free Report) : This online travel company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

Despegar.com has a PEG ratio of 0.57 compared with 2.12 for the industry. The company possesses a Growth Score of A.

KB Home (KBH - Free Report) : This homebuilding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.6% over the last 60 days.

KB Home Price and Consensus

KB Home Price and Consensus

KB Home price-consensus-chart | KB Home Quote

KB Home has a PEG ratio of 0.81 compared with 0.97 for the industry. The company possesses a Growth Score of B.

KB Home PEG Ratio (TTM)

KB Home PEG Ratio (TTM)

KB Home peg-ratio-ttm | KB Home Quote

 

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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KB Home (KBH) - free report >>

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