Best Growth Stocks to Buy for Dec. 17

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, Dec. 17:

The Allstate Corporation ALL: This insurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.7% over the last 60 days.

The Allstate Corporation Price and Consensus

The Allstate Corporation price-consensus-chart | The Allstate Corporation Quote

Allstate has a PEG ratio of 0.40 compared with 1.75 for the industry. The company possesses a Growth Score of B.

The Allstate Corporation PEG Ratio (TTM)

The Allstate Corporation peg-ratio-ttm | The Allstate Corporation Quote

Great Lakes Dredge & Dock Corporation GLDD: This dredging services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.

Great Lakes Dredge & Dock Corporation Price and Consensus

Great Lakes Dredge & Dock Corporation price-consensus-chart | Great Lakes Dredge & Dock Corporation Quote

Great Lakes Dredge & Dock has a PEG ratio of 1.06 compared with 3.11 for the industry. The company possesses a Growth Scoreof A.

Great Lakes Dredge & Dock Corporation PEG Ratio (TTM)

Great Lakes Dredge & Dock Corporation peg-ratio-ttm | Great Lakes Dredge & Dock Corporation Quote

Alarm.com Holdings, Inc. ALRM:This IoT and solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.

Alarm.com Holdings, Inc. Price and Consensus

Alarm.com Holdings, Inc. price-consensus-chart | Alarm.com Holdings, Inc. Quote

Alarm.com has a PEG ratio of 1.62 compared with 2.83 for the industry. The company possesses a Growth Score of B.

Alarm.com Holdings, Inc. PEG Ratio (TTM)

Alarm.com Holdings, Inc. peg-ratio-ttm | Alarm.com Holdings, Inc. Quote

See the full list of top ranked stocks here.

Learn more about the Growth score and how it is calculated here.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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