Best Growth Stocks to Buy for August 8th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today August 8th:

Bumble BMBL: This company which has the world's highest-grossing dating apps with millions of users worldwide, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days.

Bumble Inc. Price and Consensus

Bumble Inc. price-consensus-chart | Bumble Inc. Quote

Bumble has a PEG ratio of 0.22 compared with 1.85 for the industry. The company possesses a Growth Score of A.

Bumble Inc. PEG Ratio (TTM)

Bumble Inc. peg-ratio-ttm | Bumble Inc. Quote

Futu Holdings FUTU: This technology company which offers a digitized brokerage platform, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.1% over the last 60 days.

Futu Holdings Limited Sponsored ADR Price and Consensus

Futu Holdings Limited Sponsored ADR price-consensus-chart | Futu Holdings Limited Sponsored ADR Quote

Futu Holdings has a PEG ratio of 0.98 compared with 1.92 for the industry. The company possesses a Growth Score of A.

Futu Holdings Limited Sponsored ADR PEG Ratio (TTM)

Futu Holdings Limited Sponsored ADR peg-ratio-ttm | Futu Holdings Limited Sponsored ADR Quote

Ahold ADRNY: This company which provides retail stores which offer food and non-food products primarily in the United States and Europe, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.4% over the last 60 days.

Ahold NV Price and Consensus

Ahold NV price-consensus-chart | Ahold NV Quote

Ahold has a PEG ratio of 1.67 compared with 2.71 for the industry. The company possesses a Growth Score of A.

Ahold NV PEG Ratio (TTM)

Ahold NV peg-ratio-ttm | Ahold NV 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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