New Strong Sell Stocks for March 12th

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:

Alamo Group Inc. ALG: This company designs and manufactures high quality agricultural equipment for farms and ranches and provides infrastructure maintenance. The Zacks Consensus Estimate for its current year earnings has been revised 10.3% downward over the last 60 days.

Amerant Bancorp Inc. AMTB is the bank holding company for Amerant Bank. The Zacks Consensus Estimate for its current year earnings has been revised 12% downward over the last 60 days.

Avantor, Inc. AVTR provides mission-critical products and services for life sciences industries. The Zacks Consensus Estimate for its current year earnings has been revised 10.1% downward over the last 60 days.

View the entire Zacks Rank #5 List.

Zacks Names #1 Semiconductor Stock

This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.

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 $971 billion by 2028.

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

Zacks Investment Research

Source Zacks-com