Core Viewpoint - The article highlights three stocks with strong growth characteristics and buy ranks for investors to consider as of October 15th, including Micron Technology, Western Digital, and Skillsoft [1][2][3]. Group 1: Micron Technology (MU) - Micron Technology is a leading provider of semiconductor memory solutions with a Zacks Rank 1 (Strong Buy) [1]. - The Zacks Consensus Estimate for Micron's current year earnings has increased by 27.1% over the last 60 days [1]. - Micron has a PEG ratio of 0.40, significantly lower than the industry average of 1.35, and possesses a Growth Score of A [2]. Group 2: Western Digital (WDC) - Western Digital is a prominent developer and manufacturer of data storage devices and solutions, also holding a Zacks Rank 1 [2]. - The Zacks Consensus Estimate for Western Digital's current year earnings has increased by 1.9% over the last 60 days [2]. - Western Digital has a PEG ratio of 0.88 compared to the industry average of 2.29, and it has a Growth Score of B [3]. Group 3: Skillsoft (SKIL) - Skillsoft specializes in digital learning, training, and talent solutions, and it carries a Zacks Rank 1 [3]. - The Zacks Consensus Estimate for Skillsoft's current year earnings has also increased by 1.9% over the last 60 days [3]. - Skillsoft has a PEG ratio of 0.40, lower than the industry average of 0.78, and possesses a Growth Score of B [3].
Best Growth Stocks to Buy for Oct. 15th