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Top Ranked Growth Stocks to Buy for October 18th

ARCB, DE, and OLN made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 18, 2021.

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This story originally appeared on Zacks

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 18th:

- Zacks

ArcBest Corporation ARCB: This provider of freight transportation services and solutions carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest has a PEG ratio of 0.41 compared with 0.95 for the industry. The company possesses a Growth Score of A.

ArcBest Corporation PEG Ratio (TTM)

Deere & Company DE: This manufacturer of agricultural, construction, and forestry machinery, diesel engines, drivetrains used in heavy equipment, and lawn care equipment carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5% over the last 60 days.

Deere & Company Price and Consensus

Deere's has a PEG ratio of 0.83, compared with 1.13 for the industry. The company possesses a Growth Score of B.

Deere & Company PEG Ratio (TTM)

Olin Corporation OLN: This manufacturer and distributor of chemical products carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6% over the last 60 days.

Olin Corporation Price and Consensus

Olin has a PEG ratio of 0.12, compared with 0.72 for the industry. The company possesses a Growth Score of A.

Olin Corporation PEG Ratio (TTM)

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

 

Deere & Company (DE): Free Stock Analysis Report

 

Olin Corporation (OLN): Free Stock Analysis Report

 

ArcBest Corporation (ARCB): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research