Top Growth Stocks to Consider for January 16

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Dollar General Corporation (DG) has a Zacks Rank of #1 and has seen its current year earnings estimate increase by 5.2% over the past 60 days. The company has a PEG ratio of 2.75, which is lower than the industry average of 3.14.

Dycom Industries, Inc. (DY) also holds a Zacks Rank of #1 with a current year earnings estimate that has risen by 7% within the same timeframe. Its PEG ratio stands at 1.82, compared to the industry average of 3.23.

Micron Technology, Inc. (MU) is another strong contender, boasting a Zacks Rank of #1 and an impressive 82.8% increase in its earnings estimate over the last 60 days. The company’s PEG ratio is at 0.21, significantly lower than the industry average of 1.41.

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