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Best Growth Stocks to Buy for June 16th

Zacks Investment Research - Tue Jun 16, 3:22AM CDT
Best Growth Stocks to Buy for June 16th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 16:

Valero Energy Corporation VLO: This energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 51.4% over the last 60 days.

Valero has a PEG ratio of 0.38 compared with 0.50 for the industry. The company possesses a Growth Score of B.

Murphy USA Inc. MUSA: This retail fuel marketing company carriesa Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days.

Murphy has a PEG ratio of 2.05 compared with 2.58 for the industry. The company possesses a Growth Score of A.

Murphy USA Inc. PEG Ratio (TTM)

Murphy USA Inc. PEG Ratio (TTM)

Murphy USA Inc. peg-ratio-ttm | Murphy USA Inc. Quote

Marathon Petroleum Corporation MPC: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 44.5% over the last 60 days.

Marathon Petroleum has a PEG ratio of 0.41 compared with 0.50 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.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Free: See Our Top Stock And 4 Runners Up

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

Zacks Investment Research

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