New Strong Buy Stocks for June 20th

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

United Bankshares, Inc. UBSI: This financial holding company that primarily provides commercial and retail banking products and services has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 5% over the last 60 days.

Rithm Capital Corp. RITM: This asset manager has seen the Zacks Consensus Estimate for its current year earnings increasing 6.6% over the last 60 days.

Carlsberg A/S CABGY: This producer of beer and other beverage products has seen the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Newmont Corporation NEM: This producer and explorer of gold and other metals has seen the Zacks Consensus Estimate for its current year earnings increasing 12.4% over the last 60 days.

DNB Bank ASA DNBBY: This financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

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

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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

Zacks Investment Research

Source Zacks-com