Best Growth Stocks to Buy for October 1st

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 1st:

Micron Technology MU: 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, Inc. Price and Consensus

Micron Technology, Inc. price-consensus-chart | Micron Technology, Inc. Quote

Micron Technology has a PEG ratio of 0.35 compared with 1.35 for the industry. The company possesses a Growth Score of A.

Micron Technology, Inc. PEG Ratio (TTM)

Micron Technology, Inc. peg-ratio-ttm | Micron Technology, Inc. Quote

Ralph Lauren RL: This company which is a major designer, marketer and distributor of premium lifestyle products in North America, Europe, Asia, and internationally, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

Ralph Lauren Corporation Price and Consensus

Ralph Lauren Corporation price-consensus-chart | Ralph Lauren Corporation Quote

Ralph Lauren has a PEG ratio of 1.58 compared with 2.62 for the industry. The company possesses a Growth Score of A.

Ralph Lauren Corporation PEG Ratio (TTM)

Ralph Lauren Corporation peg-ratio-ttm | Ralph Lauren Corporation Quote

UiPath PATH: This company which offers an end-to-end platform for automation, combining Robotic Process Automation solution for digital business operations, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.2% over the last 60 days.

UiPath, Inc. Price and Consensus

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

UiPath has a PEG ratio of 0.86 compared with 1.14 for the industry. The company possesses a Growth Score of B.

UiPath, Inc. PEG Ratio (TTM)

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

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

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

Zacks Investment Research