Best Growth Stocks to Buy for October 8th

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

Montrose Environmental Group, Inc. MEG: This environmental services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 88.7% 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 has a PEG ratio of 1.16 compared with 5.05 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

The Progressive Corporation PGR: This property-casualty insurance products and related services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

The Progressive Corporation Price and Consensus

The Progressive Corporation price-consensus-chart | The Progressive Corporation Quote

Progressive has a PEG ratio of 1.34 compared with 1.94 for the industry. The company possesses a Growth Score of B.

The Progressive Corporation PEG Ratio (TTM)

The Progressive Corporation peg-ratio-ttm | The Progressive Corporation Quote

Ultrapar Participaçoes S.A. UGP: This distributor of liquefied petroleum gas, gasoline, ethanol, diesel, fuel oil and kerosene etc. 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 has a PEG ratio of 2.02 compared with 2.68 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

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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