Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, July 16th:Equinor ASA EQNR: This energy company carries a Zacks Rank #1 (Strong Buy) and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days. Equinor ASA Price and Consensus Equinor ASA price-consensus-chart | Equinor ASA Quote Equinor has a PEG ratio of 0.16, compared with 1.02 for the industry. The company possesses a Growth Score of A. Equinor ASA PEG Ratio (TTM) Equinor ASA peg-ratio-ttm | Equinor ASA Quote Jabil Inc. JBL: This company that provides electronic manufacturing services and solutions carries a Zacks Rank #1 and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.7% over the last 60 days. Jabil, Inc. Price and Consensus Jabil, Inc. price-consensus-chart | Jabil, Inc. Quote Jabil has a PEG ratio of 0.85, compared with 1.35 for the industry. The company possesses a Growth Score of A. Jabil, Inc. PEG Ratio (TTM) Jabil, Inc. peg-ratio-ttm | Jabil, Inc. Quote Macy's, Inc. M: This omnichannel retail organization that operates stores, websites, and mobile applications carries a Zacks Rank #1 and has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days. Macy's, Inc. Price and Consensus Macy's, Inc. price-consensus-chart | Macy's, Inc. Quote Macy's has a PEG ratio of 0.68, compared with 0.72 for the industry. The company possesses a Growth Score of B. Macy's, Inc. PEG Ratio (TTM) Macy's, Inc. peg-ratio-ttm | Macy's, Inc. Quote Target Corporation TGT: This company that operates large-format general merchandise and food discount stores carries a Zacks Rank #1 and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 36.9% over the last 60 days. Target Corporation Price and Consensus Target Corporation price-consensus-chart | Target Corporation Quote Target has a PEG ratio of 1.57, compared with 2.23 for the industry. The company possesses a Growth Score of B. Target Corporation PEG Ratio (TTM) Target Corporation peg-ratio-ttm | Target Corporation Quote See the full list of top ranked stocks here.Learn more about the Growth score and how it is calculated here. More Stock News: This Is Bigger than the iPhone! It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market. Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.Click here for the 4 trades >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Macys, Inc. (M): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Jabil, Inc. (JBL): Free Stock Analysis Report Equinor ASA (EQNR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research