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New Strong Buy Stocks for July 14th


Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Wipro Limited WIT: This information technology, consulting, and business process services company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.

KNOT Offshore Partners LP KNOP: This operator of shuttle tankers has seen the Zacks Consensus Estimate for its current year earnings increasing 44.9% over the last 60 days.

Penguin Solutions, Inc. PENG: This designer and developer of enterprise solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.

Eledon Pharmaceuticals, Inc. ELDN: This clinical stage biotechnology company has seen the Zacks Consensus Estimate for its current year earnings increasing 23.8% over the last 60 days.

KDDI Corporation KDDIY: This Japanese telecommunications services company has seen the Zacks Consensus Estimate for its current year earnings increasing 39.7% over the last 60 days.

 

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include

Stock #1: A Disruptive Force with Notable Growth and Resilience

Stock #2: Bullish Signs Signaling to Buy the Dip

Stock #3: One of the Most Compelling Investments in the Market

Stock #4: Leader In a Red-Hot Industry Poised for Growth

Stock #5: Modern Omni-Channel Platform Coiled to Spring

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. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.

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Wipro Limited (WIT): Free Stock Analysis Report
 
KDDI Corporation Unsponsored ADR (KDDIY): Free Stock Analysis Report
 
KNOT Offshore Partners LP (KNOP): Free Stock Analysis Report
 
Eledon Pharmaceuticals, Inc. (ELDN): Free Stock Analysis Report
 
Penguin Solutions, Inc. (PENG): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research


Source Zacks-com

At Zacks, we are dedicated to independent investment research, helping investors succeed through tools like our Zacks Rank stock-rating system, which has averaged +23.89% annual returns since 1988. Founded on the discovery that earnings estimate revisions drive stock prices, we offer purely mathematical, unbiased ratings, along with additional innovations like the Price Response Indicator, Earnings ESP, and specialized rankings for mutual funds and ETFs.
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