New Strong Buy Stocks for May 12th
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Great Lakes Dredge & Dock GLDD: This company which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, has seen the Zacks Consensus Estimate for its current year earnings increasing 34.8% over the last 60 days.
Great Lakes Dredge & Dock Corporation Price and Consensus
Great Lakes Dredge & Dock Corporation price-consensus-chart | Great Lakes Dredge & Dock Corporation Quote
AppLovin APP: This company which provides technology platform which enables developers to market, monetize, analyze and publish their apps, has seen the Zacks Consensus Estimate for its current year earnings increasing 12.5% over the last 60 days.
AppLovin Corporation Price and Consensus
AppLovin Corporation price-consensus-chart | AppLovin Corporation Quote
The ODP Corporation ODP: This company which is a provider of business services, products and digital workplace technology solutions to small, medium and enterprise businesses, has seen the Zacks Consensus Estimate for its current year earnings increasing 9% over the last 60 days.
The ODP Corporation Price and Consensus
The ODP Corporation price-consensus-chart | The ODP Corporation Quote
Suzano SUZ: This company which is a producer of eucalyptus pulp as well as paper producers, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 day.
Suzano S.A. Sponsored ADR Price and Consensus
Suzano S.A. Sponsored ADR price-consensus-chart | Suzano S.A. Sponsored ADR Quote
Ferrari RACE: This company which is engaged in designing, manufacturing and selling sports cars, 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.
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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The ODP Corporation (ODP): Free Stock Analysis Report
Great Lakes Dredge & Dock Corporation (GLDD): Free Stock Analysis Report
AppLovin Corporation (APP): Free Stock Analysis Report
Ferrari N.V. (RACE): Free Stock Analysis Report
Suzano S.A. Sponsored ADR (SUZ): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Source Zacks-com
