Best Growth Stocks to Buy for January 2nd

LZ CASY ARCO

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 2nd:

Arcos Dorados Holdings Inc. (ARCO - 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 9.3% over the last 60 days.

Arcos Dorados has a PEG ratio of 1.22 compared with 2.64 for the industry. The company possesses a Growth Score  of A.

LegalZoom.com, Inc. (LZ - Free Report) : This online platform for legal and compliance solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

LegalZoom has a PEG ratio of 0.51 compared with 0.81 for the industry. The company possesses a Growth Score of A.

Casey's General Stores, Inc. (CASY - Free Report) : This chain of convenience stores carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.2% over the last 60 days.

Casey's has a PEG ratio of 2.07 compared with 2.08 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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