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Best Growth Stocks to Buy for January 7th

AN, ABG, and ARCB made it to the Zacks Rank #1 (Strong Buy) growth stocks list on January 7, 2022

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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, January 7th:

- Zacks

AutoNation AN: This largest automotive retailer in the United States carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.4% over the last 60 days.

AutoNation, Inc. Price and Consensus

 

AutoNation, Inc. Price and Consensus

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

AutoNation has a PEG ratio of 0.26 compared with 0.41 for the industry. The company possesses a Growth Score of A.

AutoNation, Inc. PEG Ratio (TTM)

 

AutoNation, Inc. PEG Ratio (TTM)

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

Asbury Automotive Group ABG: This company which is one of the largest automotive retailers carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.2% over the last 60 days.

Asbury Automotive has a PEG ratio of 0.33 compared with 0.42 for the industry. The company possesses a Growth Score of A.

ArcBest ARCB: This company that provides freight transportation services and solutions carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.7% over the last 60 days.

ArcBest has a PEG ratio of 0.25 compared with 0.81 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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AutoNation, Inc. (AN): Free Stock Analysis Report

 

Asbury Automotive Group, Inc. (ABG): Free Stock Analysis Report

 

ArcBest Corporation (ARCB): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research