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Top Ranked Growth Stocks to Buy for October 12th

WLK, FNKO, RRC, and ARCB made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 12, 2021.

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This story originally appeared on Zacks

Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 12th:

- Zacks

Westlake Chemical Corporation WLK: This company that manufactures and markets basic chemicals, vinyls, polymers, and building products carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

 

Westlake Chemical has a PEG ratio of 0.16 compared with 0.29 for the industry. The company possesses a Growth Score of A.

 

Funko, Inc. FNKO: This pop culture consumer products company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 90 days.

 

Funko, Inc. Price and Consensus

Funko, Inc. Price and Consensus

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

 

Funko has a PEG ratio of 0.39, compared with 11.75 for the industry. The company possesses a Growth Score of B.

 

Funko, Inc. PEG Ratio (TTM)

Funko, Inc. PEG Ratio (TTM)

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

 

Range Resources Corporation RRC: This independent natural gas, natural gas liquids, and oil company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days.

 

Range Resources has a PEG ratio of 0.43, compared with 0.84 for the industry. The company possesses a Growth Score of B.

 

ArcBest Corporation ARCB: This company that provides freight transportation and integrated logistics services carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 16% over the last 60 days.

 

ArcBest has a PEG ratio of 0.43, compared with 0.90 for the industry. The company possesses a Growth Score of A.

 

ArcBest Corporation PEG Ratio (TTM)

ArcBest Corporation PEG Ratio (TTM)

ArcBest Corporation peg-ratio-ttm | ArcBest Corporation 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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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

 

Westlake Chemical Corporation (WLK): Free Stock Analysis Report

 

Range Resources Corporation (RRC): Free Stock Analysis Report

 

ArcBest Corporation (ARCB): Free Stock Analysis Report

 

Funko, Inc. (FNKO): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research