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New Strong Buy Stocks for August 10th


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

CrossAmerica Partners LP CAPL: This fuel distribution and convenience store company has seen the Zacks Consensus Estimate for its current year earnings increasing 25.5% over the last 60 days.

JP Morgan Chase & Co. JPM: This bank and financial holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.

Avnet, Inc. AVT: This electronics distribution company has seen the Zacks Consensus Estimate for its current year earnings increasing 16.4% over the last 60 days.

Avnet, Inc. Price and Consensus

Avnet, Inc. Price and Consensus

Avnet, Inc. price-consensus-chart | Avnet, Inc. Quote

LATAM Airlines Group S.A. LTM: This air transportation company has seen the Zacks Consensus Estimate for its current year earnings increasing 26.4% over the last 60 days.

Pagaya Technologies Ltd. PGY: This product-focused technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.2% 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

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JPMorgan Chase & Co. (JPM): Free Stock Analysis Report
 
Avnet, Inc. (AVT): Free Stock Analysis Report
 
LATAM Airlines Group S.A. (LTM): Free Stock Analysis Report
 
CrossAmerica Partners LP (CAPL): Free Stock Analysis Report
 
Pagaya Technologies Ltd. (PGY): 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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