Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, September 3rd:Meritage Homes Corporation (MTH): This home construction company, which carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.7% over the last 60 days.Meritage Corporation Price and Consensus Meritage Corporation price-consensus-chart | Meritage Corporation QuoteMeritage Homes has a PEG ratio of 1.48 compared with 3.48 for the industry. The company possesses a Growth Score of B.Meritage Corporation PEG Ratio (TTM) Meritage Corporation peg-ratio-ttm | Meritage Corporation QuoteTaylor Morrison Home Corporation (TMHC):This homebuilder, which carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.Taylor Morrison Home Corporation Price and Consensus Taylor Morrison Home Corporation price-consensus-chart | Taylor Morrison Home Corporation QuoteTaylor Morrison Home has a PEG ratio of 1.60, compared with 3.48 for the industry. The company possesses a Growth Score of A.Taylor Morrison Home Corporation PEG Ratio (TTM) Taylor Morrison Home Corporation peg-ratio-ttm | Taylor Morrison Home Corporation QuoteD.R. Horton, Inc. (DHI): This home construction company, which carries a Zacks Rank #2 (Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.D.R. Horton, Inc. Price and Consensus D.R. Horton, Inc. price-consensus-chart | D.R. Horton, Inc. QuoteD.R. Horton has a PEG ratio of 1.08, compared with 3.48 for the industry. The company possesses a Growth Score of A.D.R. Horton, Inc. PEG Ratio (TTM) D.R. Horton, Inc. peg-ratio-ttm | D.R. Horton, Inc. QuoteMiX Telematics Limited (MIXT): This software company, which carries a Zacks Rank #2, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.MiX Telematics Limited Price and Consensus MiX Telematics Limited price-consensus-chart | MiX Telematics Limited QuoteMiX Telematics has a PEG ratio of 0.66, compared with 1.47 for the industry. The company possesses a Growth Score of B.MiX Telematics Limited PEG Ratio (TTM) MiX Telematics Limited peg-ratio-ttm | MiX Telematics Limited QuoteSee the full list of top ranked stocks here.Learn more about the Growth score and how it is calculated here.Legalizing THIS Could Be Even Bigger than MarijuanaAmericans spend an estimated $150 billion in this industry every year… more than twice as much as they spend on marijuana.Now that 8 states have fully-legalized it (with several more states following close behind), Zacks has identified 5 stocks that could soar in response to the powerful demand. One industry insider described the future as “mind-blowing” – and early investors can still get in ahead of the surge.See these 5 “sin stocks” now >>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 Taylor Morrison Home Corporation (TMHC): Free Stock Analysis Report Meritage Corporation (MTH): Free Stock Analysis Report MiX Telematics Limited (MIXT): Free Stock Analysis Report D.R. Horton, Inc. (DHI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research