Best Growth Stocks to Buy for May 6th

POWL JD PDD

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.

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.