New Strong Buy Stocks for June 9th

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

The E.W. Scripps Company SSP: This media enterprise company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.

MYR Group Inc. MYRG: This electrical construction services company has seen the Zacks Consensus Estimate for its next year earnings increasing nearly 6% over the last 60 days.

Swedbank AB (publ) SWDBY: This banking products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.5% over the last 60 days.

Postal Realty Trust, Inc. PSTL: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 5.2% over the last 60 days.

Peakstone Realty Trust PKST: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 14.7% over the last 60 days.

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

Zacks Investment Research

Source Zacks-com