Best Growth Stocks to Buy for Dec. 16

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 16:

Micron Technology, Inc. MU: This memory and storage products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.

Micron Technology, Inc. Price and Consensus

Micron Technology, Inc. Price and Consensus

Micron Technology, Inc. price-consensus-chart | Micron Technology, Inc. Quote

Micron Technology has a PEG ratio of 0.38 compared with 1.28 for the industry. The company possesses a  Growth Score of A.

Micron Technology, Inc. PEG Ratio (TTM)

Micron Technology, Inc. PEG Ratio (TTM)

Micron Technology, Inc. peg-ratio-ttm | Micron Technology, Inc. Quote

Sanmina Corporation SANM: This global provider of electronics contract manufacturing services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.9% over the last 60 days.

Sanmina Corporation Price and Consensus

Sanmina Corporation Price and Consensus

Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote

Sanmina has a PEG ratio of 0.66 compared with 1.85 for the industry. The company possesses a Growth Score of A.

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation peg-ratio-ttm | Sanmina Corporation Quote

Phibro Animal Health Corporation PAHC: This animal health and mineral nutrition company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.1% over the last 60 days.

Phibro Animal Health Corporation Price and Consensus

Phibro Animal Health Corporation Price and Consensus

Phibro Animal Health Corporation price-consensus-chart | Phibro Animal Health Corporation Quote

Phibro has a PEG ratio of 1.14 compared with 3.39 for the industry. The company possesses a Growth Score of B.

Phibro Animal Health Corporation PEG Ratio (TTM)

Phibro Animal Health Corporation PEG Ratio (TTM)

Phibro Animal Health Corporation peg-ratio-ttm | Phibro Animal Health 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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Micron Technology, Inc. (MU) : Free Stock Analysis Report

Sanmina Corporation (SANM) : Free Stock Analysis Report

Phibro Animal Health Corporation (PAHC) : Free Stock Analysis Report

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

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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