Best Growth Stocks to Buy for August 12th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 12:

Match Group, Inc. MTCH: This digital technologies company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Match Group Inc. Price and Consensus

Match Group Inc. price-consensus-chart | Match Group Inc. Quote

Match has a PEG ratio of 0.45 compared with 8.23 for the industry. The company possesses a Growth Score of A.

Match Group Inc. PEG Ratio (TTM)

Match Group Inc. peg-ratio-ttm | Match Group Inc. Quote

Pitney Bowes Inc. PBI: This business services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Pitney Bowes Inc. Price and Consensus

Pitney Bowes Inc. price-consensus-chart | Pitney Bowes Inc. Quote

Pitney Bowes  has a PEG ratio of 0.68 compared with 0.80 for the industry. The company possesses a Growth Score of A.

Pitney Bowes Inc. PEG Ratio (TTM)

Pitney Bowes Inc. peg-ratio-ttm | Pitney Bowes Inc. 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 183% 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 0.66 compared with 0.90 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

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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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.

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

Zacks Investment Research