Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 19th:
Ciena CIEN: This company which is a leading provider of optical networking equipment, software and services, carries a Zacks Rank #1 (Strong Buy), 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 1.09 compared with 4.74 for the industry. The company possesses a Growth Score of A.
Ciena Corporation PEG Ratio (TTM)
Ciena Corporation peg-ratio-ttm | Ciena Corporation Quote
Dollar General DG: This company, which is one of the largest discount retailers in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.
Dollar General Corporation Price and Consensus
Dollar General Corporation price-consensus-chart | Dollar General Corporation Quote
Dollar General has a PEG ratio of 2.71 compared with 3.16 for the industry. The company possesses a Growth Score of B.
Dollar General Corporation PEG Ratio (TTM)
Dollar General Corporation peg-ratio-ttm | Dollar General Corporation Quote
Commercial Metals CMC: This company which manufactures, recycles and markets steel and metal products, related materials and services, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 28.4% over the last 60 days.
Commercial Metals Company Price and Consensus
Commercial Metals Company price-consensus-chart | Commercial Metals Company Quote
Commercial Metals has a PEG ratio of 0.39 compared with 1.60 for the industry. The company possesses a Growth Score of B.
Commercial Metals Company PEG Ratio (TTM)
Commercial Metals Company peg-ratio-ttm | Commercial Metals Company Quote
See the full list of top ranked stocks here.
Learn more about the Growth score and how it is calculated here.
#1 Semiconductor Stock to Buy (Not NVDA)
The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.
One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.
See This Stock Now for Free >>Dollar General Corporation (DG) : Free Stock Analysis Report
Ciena Corporation (CIEN) : Free Stock Analysis Report
Commercial Metals Company (CMC) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
