Best Growth Stocks to Buy for December 30th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today December 30th:

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 93.3% 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 0.17 compared with 1.14 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

Alarm.com ALRM: This company which offers interactive security solutions for home and business owners, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

Alarm.com Holdings, Inc. Price and Consensus

Alarm.com Holdings, Inc. price-consensus-chart | Alarm.com Holdings, Inc. Quote

Alarm.com has a PEG ratio of 1.63 compared with 2.92 for the industry. The company possesses a Growth Score of B.

Alarm.com Holdings, Inc. PEG Ratio (TTM)

Alarm.com Holdings, Inc. peg-ratio-ttm | Alarm.com Holdings, Inc. Quote

Phibro Animal Health PAHC: This leading global diversified animal health and mineral nutrition company, which provides a broad range of products for food animals including poultry, swine, beef and dairy cattle and aquaculture, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

Phibro Animal Health Corporation Price and Consensus

Phibro Animal Health Corporation price-consensus-chart | Phibro Animal Health Corporation Quote

Phibro Animal Health has a PEG ratio of 1.08 compared with 2.52 for the industry. The company possesses a Growth Score of B.

Phibro Animal Health Corporation PEG Ratio (TTM)

Phibro Animal Health Corporation peg-ratio-ttm | Phibro Animal Health 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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