Best Growth Stocks to Buy for May 2nd

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today May 2nd:

LATAM Airlines Group LTM: These company which offers domestic and international passenger and cargo air services, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.3% over the last 60 days.

LATAM Airlines Group S.A. Price and Consensus

LATAM Airlines Group S.A. price-consensus-chart | LATAM Airlines Group S.A. Quote

LATAM Airlines has a PEG ratio of 0.52 compared with 0.70 for the industry. The company possesses a Growth Score of A.

LATAM Airlines Group S.A. PEG Ratio (TTM)

LATAM Airlines Group S.A. peg-ratio-ttm | LATAM Airlines Group S.A. Quote

Herbalife Ltd HLF These global network marketing company which offers a range of science-based weight management products, nutritional supplements and personal care products intended to support weight loss and a healthy lifestyle, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.8% over the last 60 days.

Herbalife Ltd Price and Consensus

Herbalife Ltd price-consensus-chart | Herbalife Ltd Quote

Herbalife has a PEG ratio of 0.20 compared with 0.44 for the industry. The company possesses a Growth Score of B.

Herbalife Ltd PEG Ratio (TTM)

Herbalife Ltd peg-ratio-ttm | Herbalife Ltd Quote

BGC Group, Inc. BGC: This brokerage and financial technology company which specializes in the brokerage of a broad range of products, including Fixed Income, Foreign Exchange, Equities, Energy and Commodities, Shipping and Futures, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

BGC Group, Inc. Price and Consensus

BGC Group, Inc. price-consensus-chart | BGC Group, Inc. Quote

BGC Group has a PEG ratio of 0.30 compared with 1.29 for the industry. The company possesses a Growth Score of B.

BGC Group, Inc. PEG Ratio (TTM)

BGC Group, Inc. peg-ratio-ttm | BGC Group, Inc. Quote

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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