Top Ranked Growth Stocks to Buy for May 8th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 8th:

Patrick Industries, Inc. (PATK): This distributor of building products and materials, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.9% over the last 60 days.

Patrick Industries, Inc. Price and Consensus

Patrick Industries, Inc. Price and Consensus

Patrick Industries, Inc. price-consensus-chart | Patrick Industries, Inc. Quote

Patrick has a PEG ratio of 0.99, compared with 1.07 for the industry. The company possesses a Growth Score of A.

Patrick Industries, Inc. PEG Ratio (TTM)

Patrick Industries, Inc. PEG Ratio (TTM)

Patrick Industries, Inc. peg-ratio-ttm | Patrick Industries, Inc. Quote

Urban Outfitters, Inc. (URBN): This lifestyle products and services company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings rising 1.3% over the last 60 days.

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters, Inc. Price and Consensus

Urban Outfitters, Inc. price-consensus-chart | Urban Outfitters, Inc. Quote

Urban Outfitters has a PEG ratio of 1.42, compared with 1.65 for the industry. The company possesses a Growth Score of A.

Patrick Industries, Inc. PEG Ratio (TTM)

Patrick Industries, Inc. PEG Ratio (TTM)

Patrick Industries, Inc. peg-ratio-ttm | Patrick Industries, Inc. Quote

Ruth's Hospitality Group, Inc. (RUTH): This franchiser of fine dining restaurants, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.8% over the last 60 days.

Ruth's Hospitality Group, Inc. Price and Consensus

Ruth's Hospitality Group, Inc. Price and Consensus

Ruth's Hospitality Group, Inc. price-consensus-chart | Ruth's Hospitality Group, Inc. Quote

Ruth's has a PEG ratio of 1.46, compared with 2.18 for the industry. The company possesses a Growth Score of A.

Ruth's Hospitality Group, Inc. PEG Ratio (TTM)

Ruth's Hospitality Group, Inc. PEG Ratio (TTM)

Ruth's Hospitality Group, Inc. peg-ratio-ttm | Ruth's Hospitality Group, 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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