Best Growth Stocks to Buy for October 10th

WDC MU UGP

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 10th:

Micron Technology (MU - Free Report) : This company which has established itself as one of the leading worldwide providers of semiconductor memory solutions, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.1% over the last 60 days.

Micron Technology has a PEG ratio of 0.41 compared with 1.42 for the industry. The company possesses a Growth Score of A.

Ultrapar Participacoes (UGP - Free Report) : This major Brazilian industrial group which is one of the largest distributors of liquefied petroleum gas in Brazil and a leading producer of petrochemicals and chemical., carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.5% over the last 60 days.

Ultrapar Participacoes has a PEG ratio of 2.08 compared with 2.63 for the industry. The company possesses a Growth Score of A.

Western Digital (WDC - Free Report) : This company which is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

Western Digital has a PEG ratio of 0.93 compared with 2.34 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.