Best Growth Stocks to Buy for February 3rd

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 3 :

Sandvik AB (publ) SDVKY: This engineering company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

Sandvik AB Price and Consensus

Sandvik AB price-consensus-chart | Sandvik AB Quote

Sandvik has a PEG ratio of 1.69 compared with 1.93 for the industry. The company possesses a Growth Scoreof A.

Sandvik AB PEG Ratio (TTM)

Sandvik AB peg-ratio-ttm | Sandvik AB Quote

Western Digital Corporation WDC: This data storage hardware company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

Western Digital Corporation Price and Consensus

Western Digital Corporation price-consensus-chart | Western Digital Corporation Quote

Western Digital Corporation has a PEG ratio of 1.10 comparedwith 1.70 for the industry. The company possesses a Growth Score of B.

Western Digital Corporation PEG Ratio (TTM)

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

Texas Capital Bancshares, Inc. TCBI: This bank holding company for Texas Capital Bank carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Texas Capital Bancshares, Inc. Price and Consensus

Texas Capital Bancshares, Inc. price-consensus-chart | Texas Capital Bancshares, Inc. Quote

Texas Capital Bancshareshas a PEG ratio of 0.49 compared with 0.83 for the industry. The company possesses a Growth Score of B.

Texas Capital Bancshares, Inc. PEG Ratio (TTM)

Texas Capital Bancshares, Inc. peg-ratio-ttm | Texas Capital Bancshares, 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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