Best Growth Stocks to Buy for January 23rd

Core Insights - Three stocks are highlighted for investors with strong growth characteristics and buy ranks as of January 23 Group 1: Arcos Dorados Holdings Inc. (ARCO) - Arcos Dorados Holdings is a McDonald's franchisee with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 9.3% over the last 60 days [1] - The company has a PEG ratio of 1.02, significantly lower than the industry average of 2.68 [1] - Arcos Dorados possesses a Growth Score of A [1] Group 2: EnerSys (ENS) - EnerSys is an energy storage company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 12.3% over the last 60 days [1] - The company has a PEG ratio of 0.81, compared to the industry average of 1.59 [1] - EnerSys possesses a Growth Score of B [1] Group 3: Kodiak Gas Services, Inc. (KGS) - Kodiak Gas Services is a compression services company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 34.1% over the last 60 days [1] - The company has a PEG ratio of 0.85, compared to the industry average of 1.08 [2] - Kodiak Gas Services possesses a Growth Score of B [2]