Top Ranked Growth Stocks to Buy for May 4th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 4th:

ASE Technology Holding Co., Ltd. (ASX): This company that provides a range of semiconductors packaging and testing, and electronic manufacturing services carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% over the last 60 days.

Advanced Semiconductor Engineering, Inc. Price and Consensus

Advanced Semiconductor Engineering, Inc. Price and Consensus

Advanced Semiconductor Engineering, Inc. price-consensus-chart | Advanced Semiconductor Engineering, Inc. Quote

ASE Technology Holding has a PEG ratio of 0.43, compared with 0.57 for the industry. The company possesses a Growth Score of A.

Advanced Semiconductor Engineering, Inc. PEG Ratio (TTM)

Advanced Semiconductor Engineering, Inc. PEG Ratio (TTM)

Advanced Semiconductor Engineering, Inc. peg-ratio-ttm | Advanced Semiconductor Engineering, Inc. Quote

Norsk Hydro ASA (NHYDY): This integrated aluminum company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Norsk Hydro ASA Price and Consensus

Norsk Hydro ASA Price and Consensus

Norsk Hydro ASA price-consensus-chart | Norsk Hydro ASA Quote

Norsk Hydro has a PEG ratio of 0.23, compared with 0.66 for the industry. The company possesses a Growth Score of A.

Norsk Hydro ASA PEG Ratio (TTM)

Norsk Hydro ASA PEG Ratio (TTM)

Norsk Hydro ASA peg-ratio-ttm | Norsk Hydro ASA Quote

Teekay Tankers Ltd. (TNK): This company that provides marine transportation services to oil industries carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 23.9% over the last 60 days.

Teekay Tankers Ltd. Price and Consensus

Teekay Tankers Ltd. Price and Consensus

Teekay Tankers Ltd. price-consensus-chart | Teekay Tankers Ltd. Quote

Teekay Tankers has a PEG ratio of 0.82, compared with 1.19 for the industry. The company possesses a Growth Score of A.

Teekay Tankers Ltd. PEG Ratio (TTM)

Teekay Tankers Ltd. PEG Ratio (TTM)

Teekay Tankers Ltd. peg-ratio-ttm | Teekay Tankers Ltd. 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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