Best Growth Stocks to Buy for August 7th

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

Western Digital WDC: 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 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.4% over the last 60 days.

Western Digital Corporation Price and Consensus

Western Digital Corporation price-consensus-chart | Western Digital Corporation Quote

Western Digital has a PEG ratio of 0.82 compared with 2.08 for the industry. The company possesses a Growth Score of A.

Western Digital Corporation PEG Ratio (TTM)

Western Digital Corporation peg-ratio-ttm | Western Digital Corporation Quote

OptimizeRx OPRX: This company which provides consumer and physician platforms to help patients better afford and comply with their medicines and healthcare products, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 1.5% over the last 60 days.

OptimizeRx Corp. Price and Consensus

OptimizeRx Corp. price-consensus-chart | OptimizeRx Corp. Quote

OptimizeRx has a PEG ratio of 0.92 compared with 2.43 for the industry. The company possesses a Growth Score of A.

OptimizeRx Corp. PEG Ratio (TTM)

OptimizeRx Corp. peg-ratio-ttm | OptimizeRx Corp. Quote

Jabil JBL: This company which is one of the largest global suppliers of electronic manufacturing services, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

Jabil, Inc. Price and Consensus

Jabil, Inc. price-consensus-chart | Jabil, Inc. Quote

Jabil has a PEG ratio of 1.42 compared with 1.99 for the industry. The company possesses a Growth Score of B.

Jabil, Inc. PEG Ratio (TTM)

Jabil, Inc. peg-ratio-ttm | Jabil, Inc. Quote

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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This article originally published on Zacks Investment Research (zacks.com).

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