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New Strong Buy Stocks for July 23rd


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

Pelagos Insurance Capital Limit PLGO: This insurance and reinsurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Ballard Power Systems Inc. BLDP: This fuel cell technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

Summit Hotel Properties, Inc. INN: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 3.8% over the last 60 days.

RF Industries, Ltd. RFIL: This interconnect solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 19% over the last 60 days.

Microbot Medical Inc. MBOT: This medical device company has seen the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.

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

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

Free: See Our Top Stock And 4 Runners Up

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


 
Ballard Power Systems, Inc. (BLDP): Free Stock Analysis Report
 
Summit Hotel Properties, Inc. (INN): Free Stock Analysis Report
 
Microbot Medical Inc. (MBOT): Free Stock Analysis Report
 
RF Industries, Ltd. (RFIL): Free Stock Analysis Report
 
Pelagos Insurance Capital Limited (PLGO): 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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