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Best Growth Stocks to Buy for August 7th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 7th:

Chewy (CHWY - Free Report) : This company which operates as an online pet retailer, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

Chewy Price and Consensus

Chewy Price and Consensus

Chewy price-consensus-chart | Chewy Quote

Chewy's has a PEG ratio of 0.80 compared with 2.07 for the industry. The company possesses a Growth Score of A.

Chewy PEG Ratio (TTM)

Chewy PEG Ratio (TTM)

Chewy peg-ratio-ttm | Chewy Quote

Daktronics (DAKT - Free Report) : This company which has strong leadership positions in, and is one of the world's largest suppliers of, electronic scoreboards, computer-programmable displays, and large screen video displays and control systems, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 34.5% over the last 60 days.

Daktronics has a PEG ratio of 0.40 compared with 0.46 for the industry. The company possesses a Growth Score of B.

GormanRupp (GRC - Free Report) : This company which designs, manufactures and sells pumps and related equipment, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.5% over the last 60 days.

GormanRupp has a PEG ratio of 1.57 compared with 1.65 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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Gorman-Rupp Company (The) (GRC) - free report >>

Daktronics, Inc. (DAKT) - free report >>

Chewy (CHWY) - free report >>

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