Top Growth Stocks to Consider for May 12th

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On May 12th, Zacks Investment Research highlighted three stocks with strong growth potential: Suzano S.A. (SUZ), Great Lakes Dredge & Dock Corporation (GLDD), and The ODP Corporation (ODP). Suzano, a producer of eucalyptus pulp and paper, carries a Zacks Rank #1 (Strong Buy) and has seen its earnings estimate for the current year increase by 7.8% over the last 60 days. Its PEG ratio is 0.08, significantly lower than the industry average of 0.32.

Great Lakes Dredge & Dock, the largest U.S. dredging services provider, also holds a Zacks Rank #1, with a remarkable earnings estimate increase of 34.8% within the last two months. The company’s current PEG ratio is 0.96 compared to the industry average of 1.49. Meanwhile, The ODP Corporation, which offers business services and digital technology solutions, has a Zacks Rank #1, with current year earnings estimates up 9% in the same period. Its PEG ratio stands at 0.44 against an industry average of 3.48.

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