Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, August 16th:

Vale S.A. VALE: This producer and seller of iron ore and iron ore pellets carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

Vale S.A. Price and Consensus

Vale S.A. price-consensus-chart | Vale S.A. Quote

Vale has a PEG ratio of 0.11 compared with 0.17 for the industry. The company possesses a Growth Score of B.

Vale S.A. PEG Ratio (TTM)

Vale S.A. peg-ratio-ttm | Vale S.A. Quote

ON Semiconductor Corporation ON: This manufacturer and seller of semiconductor components for various electronic devices carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 29.5% over the last 60 days.

ON Semiconductor Corporation Price and Consensus

ON Semiconductor Corporation price-consensus-chart | ON Semiconductor Corporation Quote

ON Semiconductor has a PEG ratio of 0.33, compared with 3.38 for the industry. The company possesses a Growth Score of B.

ON Semiconductor Corporation PEG Ratio (TTM)

ON Semiconductor Corporation peg-ratio-ttm | ON Semiconductor Corporation Quote

Herc Holdings Inc. HRI: This equipment rental supplier carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Herc Holdings Inc. Price and Consensus

Herc Holdings Inc. price-consensus-chart | Herc Holdings Inc. Quote

Herc Holdings has a PEG ratio of 0.39, compared with 0.89 for the industry. The company possesses a Growth Score of B.

Herc Holdings Inc. PEG Ratio (TTM)

Herc Holdings Inc. peg-ratio-ttm | Herc Holdings Inc. Quote

Lithia Motors, Inc. LAD: This automotive retailer carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.1% over the last 60 days.

Lithia Motors, Inc. Price and Consensus

Lithia Motors, Inc. price-consensus-chart | Lithia Motors, Inc. Quote

Lithia Motors has a PEG ratio of 0.58, compared with 0.69 for the industry. The company possesses a Growth Score of A.

Lithia Motors, Inc. PEG Ratio (TTM)

Lithia Motors, Inc. peg-ratio-ttm | Lithia Motors, 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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VALE S.A. (VALE) : Free Stock Analysis Report

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