Best Growth Stocks to Buy for January 26th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 26:

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 and Consensus

Ciena Corporation price-consensus-chart | Ciena Corporation Quote

Ciena has a PEG ratio of 1.03 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 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 and Consensus

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

Skillsoft has a PEG ratio of 0.23 compared with 0.81 for the industry. The company possesses a Growth Score of B.

Skillsoft Corp. PEG Ratio (TTM)

Skillsoft Corp. PEG Ratio (TTM)

Skillsoft Corp. peg-ratio-ttm | Skillsoft Corp. Quote

Casey's General Stores, Inc. CASY: This chain of convenience stores carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

Casey's General Stores, Inc. Price and Consensus

Casey's General Stores, Inc. Price and Consensus

Casey's General Stores, Inc. price-consensus-chart | Casey's General Stores, Inc. Quote

Casey’s has a PEG ratio of 2.20 compared with 2.62 for the industry. The company possesses a Growth Score of A.

Casey's General Stores, Inc. PEG Ratio (TTM)

Casey's General Stores, Inc. PEG Ratio (TTM)

Casey's General Stores, Inc. peg-ratio-ttm | Casey's General Stores, Inc. Quote

 

See the full list of top ranked stocks here.

 

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

Zacks Names #1 Semiconductor Stock

This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.

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Ciena Corporation (CIEN) : Free Stock Analysis Report

Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report

Skillsoft Corp. (SKIL) : 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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