Best Growth Stocks to Buy for January 31st

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 31st:

Ternium S.A. TX: This steel products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6.9% over the last 60 days.

Ternium S.A. Price and Consensus

Ternium S.A. Price and Consensus
Ternium S.A. Price and Consensus

Ternium S.A. price-consensus-chart | Ternium S.A. Quote

Ternium has a PEG ratio of 0.92 compared with 1.27 for the industry. The company possesses a Growth Score  of A.

Ternium S.A. PEG Ratio (TTM)

Ternium S.A. PEG Ratio (TTM)
Ternium S.A. PEG Ratio (TTM)

Ternium S.A. peg-ratio-ttm | Ternium S.A. Quote

Powell Industries, Inc. POWL: This custom-engineered equipment and systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 5.4% over the last 60 days.

Powell Industries, Inc. Price and Consensus

Powell Industries, Inc. Price and Consensus
Powell Industries, Inc. Price and Consensus

Powell Industries, Inc. price-consensus-chart | Powell Industries, Inc. Quote

Powell has a PEG ratio of 1.09 compared with 1.62 for the industry. The company possesses a Growth Score of A.

Powell Industries, Inc. PEG Ratio (TTM)

Powell Industries, Inc. PEG Ratio (TTM)
Powell Industries, Inc. PEG Ratio (TTM)

Powell Industries, Inc. peg-ratio-ttm | Powell Industries, Inc. Quote

Novo Nordisk A/S NVO: This pharmaceutical company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

Novo Nordisk A/S Price and Consensus

Novo Nordisk A/S Price and Consensus
Novo Nordisk A/S Price and Consensus

Novo Nordisk A/S price-consensus-chart | Novo Nordisk A/S Quote

Novo Nordisk has a PEG ratio of 1.19 compared with 2.10 for the industry. The company possesses a Growth Score of A.

Novo Nordisk A/S PEG Ratio (TTM)

Novo Nordisk A/S PEG Ratio (TTM)
Novo Nordisk A/S PEG Ratio (TTM)

Novo Nordisk A/S peg-ratio-ttm | Novo Nordisk A/S Quote

 

See the full list of top ranked stocks here.

 

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

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Novo Nordisk A/S (NVO) : Free Stock Analysis Report

Ternium S.A. (TX) : Free Stock Analysis Report

Powell Industries, Inc. (POWL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research