Best Growth Stocks to Buy for January 4th

Zacks Equity Research

4 January 2024 at 5:41 am·2-min read

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

Arcos Dorados Holdings Inc. ARCO: This franchisee of McDonald’s restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.

Arcos Dorados Holdings Inc. Price and Consensus

Arcos Dorados Holdings Inc. price-consensus-chart | Arcos Dorados Holdings Inc. Quote

Arcos Dorados has a PEG ratio of 1.02 compared with 2.57 for the industry. The company possesses a Growth Score of A.

Arcos Dorados Holdings Inc. PEG Ratio (TTM)

Arcos Dorados Holdings Inc. peg-ratio-ttm | Arcos Dorados Holdings Inc. Quote

LegalZoom.com, Inc. LZ: This online platform for legal and compliance solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

LegalZoom.com, Inc. Price and Consensus

LegalZoom.com, Inc. price-consensus-chart | LegalZoom.com, Inc. Quote

LegalZoom has a PEG ratio of 0.41 compared with 0.80 for the industry. The company possesses a Growth Score of A.

LegalZoom.com, Inc. PEG Ratio (TTM)

LegalZoom.com, Inc. peg-ratio-ttm | LegalZoom.com, Inc. Quote

Park Hotels & Resorts Inc. PK: This publicly traded lodging REIT carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

Park Hotels & Resorts Inc. Price and Consensus

Park Hotels & Resorts Inc. price-consensus-chart | Park Hotels & Resorts Inc. Quote

Park has a PEG ratio of 0.69 compared with 1.90 for the industry. The company possesses a Growth Score of B.

Park Hotels & Resorts Inc. PEG Ratio (TTM)

Park Hotels & Resorts Inc. peg-ratio-ttm | Park Hotels & Resorts Inc. 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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LegalZoom.com, Inc. (LZ) : Free Stock Analysis Report

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