Here are four stocks with buy ranks and strong growth characteristics for investors to consider today, October 12th:Westlake Chemical Corporation WLK: This company that manufactures and markets basic chemicals, vinyls, polymers, and building products carries a Zacks Rank #1 (Strong Buy), has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days. Westlake Chemical Corporation Price and Consensus Westlake Chemical Corporation price-consensus-chart | Westlake Chemical Corporation Quote Westlake Chemical has a PEG ratio of 0.16 compared with 0.29 for the industry. The company possesses a Growth Score of A. Westlake Chemical Corporation PEG Ratio (TTM) Westlake Chemical Corporation peg-ratio-ttm | Westlake Chemical Corporation Quote Funko, Inc. FNKO: This pop culture consumer products company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 90 days. Funko, Inc. Price and Consensus Funko, Inc. price-consensus-chart | Funko, Inc. Quote Funko has a PEG ratio of 0.39, compared with 11.75 for the industry. The company possesses a Growth Score of B. Funko, Inc. PEG Ratio (TTM) Funko, Inc. peg-ratio-ttm | Funko, Inc. Quote Range Resources Corporation RRC: This independent natural gas, natural gas liquids, and oil company carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 22.4% over the last 60 days. Range Resources Corporation Price and Consensus Range Resources Corporation price-consensus-chart | Range Resources Corporation Quote Range Resources has a PEG ratio of 0.43, compared with 0.84 for the industry. The company possesses a Growth Score of B. Range Resources Corporation PEG Ratio (TTM) Range Resources Corporation peg-ratio-ttm | Range Resources Corporation Quote ArcBest Corporation ARCB: This company that provides freight transportation and integrated logistics services carries a Zacks Rank #1, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 16% over the last 60 days. ArcBest Corporation Price and Consensus ArcBest Corporation price-consensus-chart | ArcBest Corporation Quote ArcBest has a PEG ratio of 0.43, compared with 0.90 for the industry. The company possesses a Growth Score of A. ArcBest Corporation PEG Ratio (TTM) ArcBest Corporation peg-ratio-ttm | ArcBest Corporation Quote See the full list of top ranked stocks here.Learn more about the Growth score and how it is calculated here. Time to Invest in Legal Marijuana If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027. After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%. You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.Today, Download Marijuana Moneymakers FREE >>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 Westlake Chemical Corporation (WLK): Free Stock Analysis Report Range Resources Corporation (RRC): Free Stock Analysis Report ArcBest Corporation (ARCB): Free Stock Analysis Report Funko, Inc. (FNKO): Free Stock Analysis Report To read this article on Zacks.com click here.