ZACKS·2025-12-31 10:55Core Insights - The article highlights three stocks with strong growth characteristics and buy rankings for investors to consider as of December 31st Group 1: Great Lakes Dredge & Dock (GLDD) - Great Lakes Dredge & Dock is the largest provider of dredging services in the US, focusing on maintaining and deepening shipping channels, land reclamation, and coastline renourishment [1] - The company has a Zacks Rank of 1 (Strong Buy) and has seen a 6.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Great Lakes Dredge & Dock has a PEG ratio of 1, significantly lower than the industry average of 3.08, and possesses a Growth Score of A [2] Group 2: Ciena (CIEN) - Ciena is a leading provider of optical networking equipment, software, and services [2] - The company also carries a Zacks Rank of 1 and has experienced an 18.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Ciena has a PEG ratio of 1.11 compared to the industry average of 5.12, and it holds a Growth Score of A [2] Group 3: Insulet (PODD) - Insulet is a leading developer, manufacturer, and marketer of the Omnipod Insulin Management System [3] - The company has a Zacks Rank of 1 and has seen a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - Insulet has a PEG ratio of 2.02, which is lower than the industry average of 2.43, and it also possesses a Growth Score of A [3]