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Best Growth Stocks to Buy for May 23rd

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

The ODP Corporation ODP: This company that provides products and digital workplace technology solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 5.6% over the last 60 days.

The ODP Corporation Price and Consensus

The ODP Corporation Price and Consensus

The ODP Corporation price-consensus-chart | The ODP Corporation Quote

ODP has a PEG ratio of 0.48 compared with 0.93 for the industry. The company possesses a Growth ScoreΒ  of A.

The ODP Corporation PEG Ratio (TTM)

The ODP Corporation PEG Ratio (TTM)

The ODP Corporation peg-ratio-ttm | The ODP Corporation Quote

Signet Jewelers Limited SIG: This company that is one of the world’s largest retailers of diamond jewellery carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.

Signet Jewelers Limited Price and Consensus

Signet Jewelers Limited Price and Consensus

Signet Jewelers Limited price-consensus-chart | Signet Jewelers Limited Quote

Signet has a PEG ratio of 1.11 compared with 18.59 for the industry. The company possesses a Growth Score of A.

Signet Jewelers Limited PEG Ratio (TTM)

Signet Jewelers Limited PEG Ratio (TTM)

Signet Jewelers Limited peg-ratio-ttm | Signet Jewelers Limited Quote

Hasbro, Inc. HAS: This play and entertainment company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.3% over the last 60 days.

Hasbro, Inc. Price and Consensus

Hasbro, Inc. Price and Consensus

Hasbro, Inc. price-consensus-chart | Hasbro, Inc. Quote

Hasbro has a PEG ratio of 1.00 compared with 1.13 for the industry. The company possesses a Growth Score of A.

Hasbro, Inc. PEG Ratio (TTM)

Hasbro, Inc. PEG Ratio (TTM)

Hasbro, Inc. peg-ratio-ttm | Hasbro, Inc. Quote

Β 

See the full list of top ranked stocks here.

Β 

Learn more about the Growth score and how it is calculated here.

Research Chief Names β€œSingle Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

Free: See Our Top Stock And 4 Runners Up

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Hasbro, Inc. (HAS) : Free Stock Analysis Report

The ODP Corporation (ODP) : Free Stock Analysis Report

Signet Jewelers Limited (SIG) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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