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Best Growth Stocks to Buy for May 9th

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Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 9th:

PDD Holdings Inc. PDD: This company which provides an e-commerce platform allowing users to participate in group buying deals, primarily through Tencent’s Wechat app, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18% over the last 60 days.

PDD Holdings Inc. Price and Consensus

PDD Holdings Inc. Price and Consensus

PDD Holdings Inc. price-consensus-chart | PDD Holdings Inc. Quote

PDD Holdings has a PEG ratio of 0.33 compared with 0.51 for the industry. The company possesses a Growth Score of A.

PDD Holdings Inc. PEG Ratio (TTM)

PDD Holdings Inc. PEG Ratio (TTM)

PDD Holdings Inc. peg-ratio-ttm | PDD Holdings Inc. Quote

M-tron Industries, Inc. MPTI: This company which designs, manufactures and markets highly-engineered, high reliability frequency and spectrum control products and solutions, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.1% over the last 60 days.

M-tron Industries, Inc. Price and Consensus

M-tron Industries, Inc. Price and Consensus

M-tron Industries, Inc. price-consensus-chart | M-tron Industries, Inc. Quote

M-tron Industries has a PEG ratio of 0.63 compared with 1.50 for the industry. The company possesses a Growth Score of A.

M-tron Industries, Inc. PEG Ratio (TTM)

M-tron Industries, Inc. PEG Ratio (TTM)

M-tron Industries, Inc. peg-ratio-ttm | M-tron Industries, Inc. Quote

AZZ AZZ: This company which is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the markets of power generation, transmission, distribution and industrial in protecting metal and electrical systems used to build and enhance the world’s infrastructure, 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.

AZZ Inc. Price and Consensus

AZZ Inc. Price and Consensus

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

AZZ has a PEG ratio of 1.11 compared with 1.54 for the industry. The company possesses a Growth Score of B.

AZZ Inc. PEG Ratio (TTM)

AZZ Inc. PEG Ratio (TTM)

AZZ Inc. peg-ratio-ttm | AZZ Inc. Quote

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See the full list of top ranked stocks here.

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

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AZZ Inc. (AZZ) : Free Stock Analysis Report

PDD Holdings Inc. (PDD) : Free Stock Analysis Report

M-tron Industries, Inc. (MPTI) : 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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