Best Growth Stocks to Buy for August 21st

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 21:

Centene Corporation CNC: This managed care company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 40.9% over the last 60 days.

Centene has a PEG ratio of 0.35 compared with 1.27 for the industry. The company possesses a Growth Score of A.

EnerSys ENS: This stored energy solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Enersys has a PEG ratio of 0.96 compared with 1.56 for the industry. The company possesses a Growth Score of A.

Valero Energy Corporation VLO: This transportation fuels and petrochemical products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 38.5% over the last 60 days.

Valero Energy has a PEG ratio of 0.23 compared with 0.43 for the industry. The company possesses a Growth Score of A.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

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This article originally published on Zacks Investment Research (zacks.com).

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