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New Strong Buy Stocks for January 2nd


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

Nable NABL: This company, which provides network monitoring and remote systems management software, has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.

RenaissanceRe RNR: This company, which primarily provides property-catastrophe reinsurance to insurers and reinsurers globally on the basis of excess of loss (coverage of losses over a specified limit), has seen the Zacks Consensus Estimate for its current year earnings increasing 12.9% over the last 60 day.

Palantir Technologies PLTR: This company, which builds and deploys software platforms for the intelligence community to help in counterterrorism investigations and operations across the United States and internationally, has seen the Zacks Consensus Estimate for its current year earnings increasing 10.6% over the last 60 days.

Allied Gold Corporation AAUC: This gold producer, which operates a portfolio of producing assets and development projects located principally in Cote d'Ivoire, Mali and Ethiopia, has seen the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

Analog Devices ADI: This company, which is an original equipment manufacturer of semiconductor devices, specifically, analog, mixed signal and digital signal processing (DSP) integrated circuits, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

 

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

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Analog Devices, Inc. (ADI): Free Stock Analysis Report
 
RenaissanceRe Holdings Ltd. (RNR): Free Stock Analysis Report
 
Palantir Technologies Inc. (PLTR): Free Stock Analysis Report
 
N-able, Inc. (NABL): Free Stock Analysis Report
 
Allied Gold Corporation (AAUC): 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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