Best Growth Stocks to Buy for August 6th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 6:

Sanmina Corporation SANM: This global provider of electronics contract manufacturing services carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.

Sanmina Corporation Price and Consensus

Sanmina Corporation price-consensus-chart | Sanmina Corporation Quote

Sanmina has a PEG ratio of 0.64 compared with 1.01 for the industry. The company possesses a Growth Score of B.

Sanmina Corporation PEG Ratio (TTM)

Sanmina Corporation peg-ratio-ttm | Sanmina Corporation Quote

Oscar Health, Inc. OSCR: This healthcare technology company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 138.3% over the last 60 days.

Oscar Health, Inc. Price and Consensus

Oscar Health, Inc. price-consensus-chart | Oscar Health, Inc. Quote

Oscar Health has a PEG ratio of 0.89 compared with 0.95 for the industry. The company possesses a Growth Score of A.

Oscar Health, Inc. PEG Ratio (TTM)

Oscar Health, Inc. peg-ratio-ttm | Oscar Health, Inc. Quote

PENN Entertainment, Inc. PENN: This operator of casinos, online sports betting, gaming, and integrated entertainment platforms 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.

PENN Entertainment, Inc. Price and Consensus

PENN Entertainment, Inc. price-consensus-chart | PENN Entertainment, Inc. Quote

PENN has a PEG ratio of 0.40 compared with 0.75 for the industry. The company possesses a Growth Score of A.

PENN Entertainment, Inc. PEG Ratio (TTM)

PENN Entertainment, Inc. peg-ratio-ttm | PENN Entertainment, Inc. Quote

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.

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Sanmina Corporation (SANM): Free Stock Analysis Report

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Oscar Health, Inc. (OSCR): Free Stock Analysis Report

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

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