Best Growth Stocks to Buy for October 2nd

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today October 2nd:

Montrose Environmental Group MEG: This company provides environmental services principally in the United States, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 100% over the last 60 days.

Montrose Environmental Group, Inc. Price and Consensus

Montrose Environmental Group, Inc. price-consensus-chart | Montrose Environmental Group, Inc. Quote

Montrose Environmental Group has a PEG ratio of 1.15 compared with 5.08 for the industry. The company possesses a Growth Score of A.

Montrose Environmental Group, Inc. PEG Ratio (TTM)

Montrose Environmental Group, Inc. peg-ratio-ttm | Montrose Environmental Group, Inc. Quote

Ultrapar Participacoes UGP: 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 S.A. Price and Consensus

Ultrapar Participacoes S.A. price-consensus-chart | Ultrapar Participacoes S.A. Quote

Ultrapar Participacoes has a PEG ratio of 2.05 compared with 2.64 for the industry. The company possesses a Growth Score of A.

Ultrapar Participacoes S.A. PEG Ratio (TTM)

Ultrapar Participacoes S.A. peg-ratio-ttm | Ultrapar Participacoes S.A. Quote

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, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% 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 1.02 compared with 2.16 for the industry. The company possesses a Growth Scoreof B.

Western Digital Corporation PEG Ratio (TTM)

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