Best Growth Stocks to Buy for June 23rd

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today June 23rd:

Great Lakes Dredge & Dock GLDD These company which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 39.1% over the last 60 days.

Great Lakes Dredge & Dock Corporation Price and Consensus

Great Lakes Dredge & Dock Corporation price-consensus-chart | Great Lakes Dredge & Dock Corporation Quote

Great Lakes Dredge & Dock has a PEG ratio of 1.02 compared with 7.02 for the industry. The company possesses a Growth Score of A.

Great Lakes Dredge & Dock Corporation PEG Ratio (TTM)

Great Lakes Dredge & Dock Corporation peg-ratio-ttm | Great Lakes Dredge & Dock Corporation Quote

Strattec Security STRT This company which designs, develops, manufactures and markets mechanical locks, electro-mechanical locks and related products for automotive manufacturers with operations in the United States, Canada and Mexico, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.9% over the last 60 days.

Strattec Security Corporation Price and Consensus

Strattec Security Corporation price-consensus-chart | Strattec Security Corporation Quote

Strattec Security has a PEG ratio of 1.30 compared with 4.04 for the industry. The company possesses a Growth Score of A.

Strattec Security Corporation PEG Ratio (TTM)

Strattec Security Corporation peg-ratio-ttm | Strattec Security Corporation Quote

European Wax Center EWCZ: This personal care franchise brand which offers wax services from certified Wax Specialists as well as full collection of proprietary products in the skincare, body and brow categories, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 96.8% over the last 60 days.

European Wax Center, Inc. Price and Consensus

European Wax Center, Inc. price-consensus-chart | European Wax Center, Inc. Quote

European Wax Center has a PEG ratio of 0.50 compared with 3.26 for the industry. The company possesses a Growth Score of B.

European Wax Center, Inc. PEG Ratio (TTM)

European Wax Center, Inc. peg-ratio-ttm | European Wax Center, Inc. Quote

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%.

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

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