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Best Growth Stocks to Buy for May 2nd

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

Marathon Petroleum MPC: This company which is a leading independent refiner, transporter and marketer of petroleum products, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 20.0% over the last 60 days.

Marathon Petroleum Corporation Price and Consensus

Marathon Petroleum Corporation Price and Consensus
Marathon Petroleum Corporation Price and Consensus

Marathon Petroleum Corporation price-consensus-chart | Marathon Petroleum Corporation Quote

Marathon Petroleum has a PEG ratio of 0.92 compared with 1.07 for the industry. The company possesses a Growth Score of A.

Marathon Petroleum Corporation PEG Ratio (TTM)

Marathon Petroleum Corporation PEG Ratio (TTM)
Marathon Petroleum Corporation PEG Ratio (TTM)

Marathon Petroleum Corporation peg-ratio-ttm | Marathon Petroleum Corporation Quote

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PulteGroup PHM: This company which is engaged in homebuilding and financial services businesses, primarily in the United States, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.0% over the last 60 days.

PulteGroup, Inc. Price and Consensus

PulteGroup, Inc. Price and Consensus
PulteGroup, Inc. Price and Consensus

PulteGroup, Inc. price-consensus-chart | PulteGroup, Inc. Quote

PulteGroup has a PEG ratio of 0.47 compared with 0.72 for the industry. The company possesses a Growth Score of B.

PulteGroup, Inc. PEG Ratio (TTM)

PulteGroup, Inc. PEG Ratio (TTM)
PulteGroup, Inc. PEG Ratio (TTM)

PulteGroup, Inc. peg-ratio-ttm | PulteGroup, Inc. Quote

Infineon Technologies IFNNY: This company which designs, produces and sells semiconductors, the microchips which have enabled the information age, and have led to a vast increase in the speed, portability and capabilities of computers and a myriad other electronic device, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.8% over the last 60 days.

Infineon Technologies AG Price and Consensus

Infineon Technologies AG Price and Consensus
Infineon Technologies AG Price and Consensus

Infineon Technologies AG price-consensus-chart | Infineon Technologies AG Quote

Infineon Technologies has a PEG ratio of 0.80 compared with 3.07 for the industry. The company possesses a Growth Score of B.

Infineon Technologies AG PEG Ratio (TTM)

Infineon Technologies AG PEG Ratio (TTM)
Infineon Technologies AG PEG Ratio (TTM)

Infineon Technologies AG peg-ratio-ttm | Infineon Technologies AG Quote

 

See the full list of top ranked stocks here.

 

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

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

PulteGroup, Inc. (PHM) : Free Stock Analysis Report

Infineon Technologies AG (IFNNY) : Free Stock Analysis Report

Marathon Petroleum Corporation (MPC) : Free Stock Analysis Report

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Zacks Investment Research