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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Wipro Limited WIT: This information technology, consulting, and business process services company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.
KNOT Offshore Partners LP KNOP: This operator of shuttle tankers has seen the Zacks Consensus Estimate for its current year earnings increasing 44.9% over the last 60 days.
Penguin Solutions, Inc. PENG: This designer and developer of enterprise solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 14.2% over the last 60 days.
Eledon Pharmaceuticals, Inc. ELDN: This clinical stage biotechnology company has seen the Zacks Consensus Estimate for its current year earnings increasing 23.8% over the last 60 days.
KDDI Corporation KDDIY: This Japanese telecommunications services company has seen the Zacks Consensus Estimate for its current year earnings increasing 39.7% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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