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Best Growth Stocks to Buy for May 8th

Zacks Investment Research - Fri May 8, 6:18AM CDT
Best Growth Stocks to Buy for May 8th

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

Fomento Economico Mexicano FMX: This company, which operates as a franchise bottler of Coca-Cola trademark beverages worldwide, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.

Fomento Economico Mexicano has a PEG ratio of 0.84 compared with 1.44 for the industry. The company possesses a Growth Score of A.

Antero Resources AR: This independent explorer, which is primarily engaged in the acquisition and development of natural gas, natural gas liquids and oil resources in the Appalachian Basin, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 32.9% over the last 60 days.

Antero Resources has a PEG ratio of 0.34 compared with 1.17 for the industry. The company possesses a Growth Score of B.

DaVita DVA: This company, which is a leading provider of dialysis services in the U.S. to patients suffering from chronic kidney failure, also known as end-stage renal disease (ESRD), carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 60 days.

DaVita Inc. Price and Consensus

DaVita Inc. Price and Consensus

DaVita Inc. price-consensus-chart | DaVita Inc. Quote

DaVita has a PEG ratio of 0.67 compared with 2.36 for the industry. The company possesses a Growth Score of B.

DaVita Inc. PEG Ratio (TTM)

DaVita Inc. PEG Ratio (TTM)

DaVita Inc. peg-ratio-ttm | DaVita 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).

Zacks Investment Research

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