Best Growth Stocks to Buy for Oct. 31st

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today Oct. 31st:

Ultrapar Participacoes UGP: This major Brazilian industrial group which is one of the largest distributors of liquefied petroleum gas in Brazil and a leading producer of petrochemicals and chemical, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.6% over the last 60 days.

Ultrapar Participacoes S.A. Price and Consensus

Ultrapar Participacoes S.A. price-consensus-chart | Ultrapar Participacoes S.A. Quote

Ultrapar Participacoes has a PEG ratio of 2.07 compared with 2.66 for the industry. The company possesses a Growth Score of A.

Ultrapar Participacoes S.A. PEG Ratio (TTM)

Ultrapar Participacoes S.A. peg-ratio-ttm | Ultrapar Participacoes S.A. Quote

Lam Research LRCX: This company which supplies wafer fabrication equipment and services to the semiconductor industry, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Lam Research Corporation Price and Consensus

Lam Research Corporation price-consensus-chart | Lam Research Corporation Quote

Lam Research has a PEG ratio of 1.68 compared with 3.53 for the industry. The company possesses a Growth Score of A.

Lam Research Corporation PEG Ratio (TTM)

Lam Research Corporation peg-ratio-ttm | Lam Research Corporation Quote

Western Digital WDC: This company which is a leading developer and manufacturer of data storage devices and solutions based on NAND flash and hard disk drive technologies, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.