New Strong Sell Stocks for Oct. 29th

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

Adecco AHEXY offers a wide variety of services that connects colleagues with clients every day. The Zacks Consensus Estimate for its current year earnings has been revised almost 46.1% downward over the last 60 days.

Carter Bankshares CARE is a bank holding company which offer checking, savings, retirement, money market accounts, longer-term certificates of deposit as well as loans. The Zacks Consensus Estimate for its current year earnings has been revised 7.3% downward over the last 60 days.

Cantaloupe CTLP is a software and payments company which provides end-to-end technology solutions for the unattended retail market. The Zacks Consensus Estimate for its current year earnings has been revised almost 6.7 downward over the last 60 days.

View the entire Zacks Rank #5 List.

#1 Semiconductor Stock to Buy (Not NVDA)

The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.

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

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

Zacks Investment Research

Source Zacks-com