Best Growth Stocks to Buy for February 4th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, February 4:

Washington Trust Bancorp, Inc. WASH: This bank holding company for The Washington Trust Company, of Westerly carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.

Washington Trust Bancorp, Inc. Price and Consensus

Washington Trust Bancorp, Inc. price-consensus-chart | Washington Trust Bancorp, Inc. Quote

Washington Trust has a PEG ratio of 0.76 compared with 2.28 for the industry. The company possesses a Growth Score of B.

Washington Trust Bancorp, Inc. PEG Ratio (TTM)

Washington Trust Bancorp, Inc. peg-ratio-ttm | Washington Trust Bancorp, Inc. Quote

Ciena Corporation CIEN: This network hardware and software services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.

Ciena Corporation Price and Consensus

Ciena Corporation price-consensus-chart | Ciena Corporation Quote

Ciena has a PEG ratio of 1.21 compared with 5.51 for the industry. The company possesses a Growth Score of A.

Ciena Corporation PEG Ratio (TTM)

Ciena Corporation peg-ratio-ttm | Ciena Corporation Quote

Skillsoft Corp. SKIL: This instructor-led training services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.8% over the last 60 days.

Skillsoft Corp. Price and Consensus

Skillsoft Corp. price-consensus-chart | Skillsoft Corp. Quote

Skillsoft has a PEG ratio of 0.21 compared with 0.77 for the industry. The company possesses a Growth Score of B.

Skillsoft Corp. PEG Ratio (TTM)

Skillsoft Corp. peg-ratio-ttm | Skillsoft Corp. 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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This article originally published on Zacks Investment Research (zacks.com).

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