Best Growth Stocks to Buy for August 2nd

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 2nd:

Pilgrim's Pride Corporation PPC: This producer of fresh and frozen meat products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

Pilgrim's Pride Corporation Price and Consensus

Pilgrim's Pride Corporation price-consensus-chart | Pilgrim's Pride Corporation Quote

Pilgrim’s Pride has a PEG ratio of 0.70 compared with 0.92 for the industry. The company possesses a Growth Score of A.

Pilgrim's Pride Corporation PEG Ratio (TTM)

Pilgrim's Pride Corporation peg-ratio-ttm | Pilgrim's Pride Corporation Quote

Dollar Tree, Inc. DLTR: This discount variety retail stores chain carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.1% over the last 60 days.

Dollar Tree, Inc. Price and Consensus

Dollar Tree, Inc. price-consensus-chart | Dollar Tree, Inc. Quote

Dollar Tree has a PEG ratio of 1.31 compared with 1.84 for the industry. The company possesses a Growth Score of B.

Dollar Tree, Inc. PEG Ratio (TTM)

Dollar Tree, Inc. peg-ratio-ttm | Dollar Tree, Inc. Quote

Delek US Holdings, Inc. DK: This integrated downstream energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 93.5% over the last 60 days.

Delek US Holdings, Inc. Price and Consensus

Delek US Holdings, Inc. price-consensus-chart | Delek US Holdings, Inc. Quote

Delek has a PEG ratio of 0.20 compared with 0.48 for the industry. The company possesses a Growth Score of B.

Delek US Holdings, Inc. PEG Ratio (TTM)

Delek US Holdings, Inc. peg-ratio-ttm | Delek US Holdings, 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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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.