New Strong Buy Stocks for July 23rd
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Kimbell Royalty KRP: This company which owns and acquires mineral and royalty interests in oil and natural gas properties, has seen the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.
Insteel Industries IIIN: This company which is one of the nation's largest manufacturers of steel wire reinforcing products for concrete construction applications, has seen the Zacks Consensus Estimate for its current year earnings increasing 18.8% over the last 60 days.
Insteel Industries, Inc. Price and Consensus
Insteel Industries, Inc. price-consensus-chart | Insteel Industries, Inc. Quote
Ubiquiti UI: This company which offers a comprehensive portfolio of networking products and solutions for service providers and enterprises, has seen the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.
T. Rowe Price TROW: This global investment management organization which provides a broad array of mutual funds, sub-advisory services and separate account management for individual and institutional investors, retirement plans and financial intermediaries, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 day.
T. Rowe Price Group, Inc. Price and Consensus
T. Rowe Price Group, Inc. price-consensus-chart | T. Rowe Price Group, Inc. Quote
Zoom Communications, Inc. ZM: This cloud-native unified communications platform, which combines video, audio, phone, screen sharing and chat functionalities, makes remote-working and collaboration easy, has seen the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.
Zoom Communications, Inc. Price and Consensus
Zoom Communications, Inc. price-consensus-chart | Zoom Communications, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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T. Rowe Price Group, Inc. (TROW): Free Stock Analysis Report
Insteel Industries, Inc. (IIIN): Free Stock Analysis Report
Kimbell Royalty (KRP): Free Stock Analysis Report
Zoom Communications, Inc. (ZM): Free Stock Analysis Report
Ubiquiti Inc. (UI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Source Zacks-com
