Best Growth Stocks to Buy for January 9th

Here are two stocks with buy ranks and strong growth characteristics for investors to consider today, January 9:

Ciena Corporation CIEN: This network hardware and software services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.

Ciena Corporation Price and Consensus

Ciena Corporation price-consensus-chart | Ciena Corporation Quote

Ciena has a PEG ratio of 1.16 compared with 5.22 for the industry. The company possesses a Growth Score of A.

Ciena Corporation PEG Ratio (TTM)

Ciena Corporation peg-ratio-ttm | Ciena Corporation Quote

Commercial Metals Company CMC: This steel and metal products company, and related materials and services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.6% over the last 60 days.

Commercial Metals Company Price and Consensus

Commercial Metals Company price-consensus-chart | Commercial Metals Company Quote

Commercial Metals has a PEG ratio of 0.40 compared with 1.58 for the industry. The company possesses a Growth Score of B.

Commercial Metals Company PEG Ratio (TTM)

Commercial Metals Company peg-ratio-ttm | Commercial Metals Company 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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