New Strong Buy Stocks for March 12th

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

American Eagle Outfitters, Inc. AEO: This clothing, accessories, and personal care products retailer has seen the Zacks Consensus Estimate for its current year earnings increasing 8.1% over the last 60 days.

American Eagle Outfitters, Inc. Price and Consensus

American Eagle Outfitters, Inc. price-consensus-chart | American Eagle Outfitters, Inc. Quote

Remitly Global, Inc. RELY: This digital remittance services company that enables international money transfers has seen the Zacks Consensus Estimate for its current year earnings increasing 50% over the last 60 days.

Remitly Global, Inc. Price and Consensus

Remitly Global, Inc. price-consensus-chart | Remitly Global, Inc. Quote

ADMA Biologics, Inc. ADMA: This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 17.1% over the last 60 days.

ADMA Biologics Inc Price and Consensus

ADMA Biologics Inc price-consensus-chart | ADMA Biologics Inc Quote

The Hershey Company HSY: This confectionery products and pantry items company has seen the Zacks Consensus Estimate for its current year earnings increasing 18.6% over the last 60 days.

Hershey Company (The) Price and Consensus

Hershey Company (The) price-consensus-chart | Hershey Company (The) Quote

Heritage Commerce Corp HTBK: This bank holding company for Heritage Bank of Commerce has seen the Zacks Consensus Estimate for its current year earnings increasing 6.3% over the last 60 days.

Heritage Commerce Corp Price and Consensus

Heritage Commerce Corp price-consensus-chart | Heritage Commerce Corp Quote

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

Zacks Names #1 Semiconductor Stock

This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.

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 $971 billion by 2028.

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

Zacks Investment Research

Source Zacks-com