New Strong Sell Stocks for May 16th

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:

Fortress Biotech FBIO is a biopharmaceutical company which is engaged in acquiring, developing and commercializing novel pharmaceutical and biotechnology products. The Zacks Consensus Estimate for its current year earnings has been revised 33.6% downward over the last 60 days.

AFC Gamma AFCG is a commercial real estate finance company. The Zacks Consensus Estimate for its current year earnings has been revised almost 19.5% downward over the last 60 days.

Horizon Technology Finance HRZN is a closed-end investment company which makes secured loans to development-stage companies in the technology, life science, healthcare information and services, and cleantech industries. The Zacks Consensus Estimate for its current year earnings has been revised 15.3% downward over the last 60 days.

View the entire Zacks Rank #5 List.

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