New Strong Buy Stocks for June 24th
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Gold Fields Limited GFI: This company which is one of the world's largest unhedged gold producers with operating mines in South Africa, Ghana, and Australia, has seen the Zacks Consensus Estimate for its current year earnings increasing 17.6% over the last 60 days.
Henkel AG & Co. HENKY: This company which is engaged in the adhesive technologies and consumer brands businesses worldwide, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.5% over the last 60 days.
Runway Growth Finance Corp. RWAY: This externally managed business development company which is focused on providing flexible capital solutions to late-stage and growth companies, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.
Tokio Marine TKOMY: This Japan-based holding company which is engaged in the non-life insurance, life insurance and asset management businesses, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.
Ardmore Shipping ASC: This company which provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, has seen the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 day.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
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 $803 billion by 2028.
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Gold Fields Limited (GFI): Free Stock Analysis Report
Tokio Marine Holdings Inc. (TKOMY): Free Stock Analysis Report
Ardmore Shipping Corporation (ASC): Free Stock Analysis Report
Henkel AG & Co. (HENKY): Free Stock Analysis Report
Runway Growth Finance Corp. (RWAY): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Source Zacks-com


