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Best Growth Stocks to Buy for January 21st

Zacks Investment Research - Wed Jan 21, 5:50AM CST
Best Growth Stocks to Buy for January 21st

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 21st:

Ciena CIEN: This company which is a leading provider of optical networking equipment, software and services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.

Ciena has a PEG ratio of 1.09 compared with 4.74 for the industry. The company possesses a Growth Score of A.

Ciena Corporation PEG Ratio (TTM)

Ciena Corporation PEG Ratio (TTM)

Ciena Corporation peg-ratio-ttm | Ciena Corporation Quote

BNP Paribas BNPQY: This company, which is a European leader in global banking and financial services, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

BNP Paribas has a PEG ratio of 0.72 compared with 1.02 for the industry. The company possesses a Growth Score of B.

BNP Paribas SA PEG Ratio (TTM)

BNP Paribas SA PEG Ratio (TTM)

BNP Paribas SA peg-ratio-ttm | BNP Paribas SA Quote

Dollar General DG: This company, which is one of the largest discount retailers in the United States, 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.

Dollar General has a PEG ratio of 2.70 compared with 3.16 for the industry. The company possesses a Growth Score of B.

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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Dollar General Corporation (DG): Free Stock Analysis Report
 
Ciena Corporation (CIEN): Free Stock Analysis Report
 
BNP Paribas SA (BNPQY): Free Stock Analysis Report

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

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