Best Growth Stocks to Buy for October 7th

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

Urban Outfitters, Inc. URBN: This consumer products retailer and wholesaler carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters, Inc. price-consensus-chart | Urban Outfitters, Inc. Quote

Urban Outfitters has a PEG ratio of 1.15 compared with 1.60 for the industry. The company possesses a  Growth Score of A.

Urban Outfitters, Inc. PEG Ratio (TTM)

Urban Outfitters, Inc. peg-ratio-ttm | Urban Outfitters, Inc. Quote

Micron Technology, Inc. MU: This memory and storage products company carries a Zacks Rank #1, 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 0.40 compared with 1.32 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

UiPath Inc. PATH: This robotic process automation company 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 0.82 compared with 1.15 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.

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

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