New Strong Buy Stocks for August 7th

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

EuroDry Ltd. EDRY: This ocean-going transportation services company has seen the Zacks Consensus Estimate for its next year earnings increasing 10.3% over the last 60 days.

OP Bancorp OPBK: This bank holding company for Open Bank has seen the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

Supernus Pharmaceuticals, Inc. SUPN: This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Midland States Bancorp, Inc. MSBI: This financial holding company for Midland States Bank has seen the Zacks Consensus Estimate for its current year earnings increasing 7.3% over the last 60 days.

NexPoint Residential Trust, Inc. NXRT: This publicly traded REIT has seen the Zacks Consensus Estimate for its current year earnings increasing 9.3% 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%.

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

Zacks Investment Research

Source Zacks-com