Best Growth Stocks to Buy for May 7th

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Best Growth Stocks to Buy for May 7th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 7th:

Centene CNC: This well-diversified healthcare company, that primarily provides a set of services to the government sponsored healthcare programs, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.5% over the last 60 days.

Centene Corporation Price and Consensus

Centene Corporation Price and Consensus

Centene Corporation price-consensus-chart | Centene Corporation Quote

Centene has a PEG ratio of 1.03 compared with 1.47 for the industry. The company possesses a Growth Score of A.

Centene Corporation PEG Ratio (TTM)

Centene Corporation PEG Ratio (TTM)

Centene Corporation peg-ratio-ttm | Centene Corporation Quote

Petco Health and Wellness Co. WOOF: This company, which is a fully-integrated health and wellness company for pets, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.7% over the last 60 days.

Petco Health and Wellness Company, Inc. Price and Consensus

Petco Health and Wellness Company, Inc. Price and Consensus

Petco Health and Wellness Company, Inc. price-consensus-chart | Petco Health and Wellness Company, Inc. Quote

Petco Health and Wellness has a PEG ratio of 1.30 compared with 2.46 for the industry. The company possesses a Growth Score of A.

Petco Health and Wellness Company, Inc. PEG Ratio (TTM)

Petco Health and Wellness Company, Inc. PEG Ratio (TTM)

Petco Health and Wellness Company, Inc. peg-ratio-ttm | Petco Health and Wellness Company, Inc. Quote

Valero Energy VLO: This company, which is the largest independent refiner and marketer of petroleum products in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 95.7% over the last 60 days.

Valero Energy Corporation Price and Consensus

Valero Energy Corporation Price and Consensus

Valero Energy Corporation price-consensus-chart | Valero Energy Corporation Quote

Valero Energy has a PEG ratio of 0.39 compared with 0.50 for the industry. The company possesses a Growth Score of B.

Valero Energy Corporation PEG Ratio (TTM)

Valero Energy Corporation PEG Ratio (TTM)

Valero Energy Corporation peg-ratio-ttm | Valero Energy Corporation Quote

 

See the full list of top ranked stocks here.

 

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

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Valero Energy Corporation (VLO): Free Stock Analysis Report
 
Centene Corporation (CNC): Free Stock Analysis Report
 
Petco Health and Wellness Company, Inc. (WOOF): Free Stock Analysis Report

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

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