New Strong Buy Stocks for August 17th
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Takeda Pharmaceutical Co. TAK: This research-based pharmaceutical company, which is engaged in manufacturing, marketing, and importing/exporting pharmaceutical drugs, has seen the Zacks Consensus Estimate for its current year earnings increasing 46.2% over the last 60 days.
Takeda Pharmaceutical Co. Price and Consensus
Takeda Pharmaceutical Co. price-consensus-chart | Takeda Pharmaceutical Co. Quote
Valero Energy VLO: This company, which is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, has seen the Zacks Consensus Estimate for its current year earnings increasing 38.5% over the last 60 days.
Valero Energy Corporation Price and Consensus
Valero Energy Corporation price-consensus-chart | Valero Energy Corporation Quote
PhenixFIN PFX: This internally managed, closed-end, business development company, which is focused on current income generation coupled with capital appreciation with a focus on net asset value, has seen the Zacks Consensus Estimate for its current year earnings increasing 31.1% over the last 60 days.
PhenixFIN Corporation Price and Consensus
PhenixFIN Corporation price-consensus-chart | PhenixFIN Corporation Quote
Star Bulk Carriers SBLK: This global shipping company, which provides worldwide seaborne transportation solutions in the dry bulk sector, has seen the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.
Star Bulk Carriers Corp. Price and Consensus
Star Bulk Carriers Corp. price-consensus-chart | Star Bulk Carriers Corp. Quote
Remitly Global RELY: This company, which is a mobile-first provider of remittances and financial services for immigrants, has seen the Zacks Consensus Estimate for its current year earnings increasing 13.8% over the last 60 day.
Remitly Global, Inc. Price and Consensus
Remitly Global, Inc. price-consensus-chart | Remitly Global, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpValero Energy Corporation (VLO) : Free Stock Analysis Report
Star Bulk Carriers Corp. (SBLK) : Free Stock Analysis Report
Remitly Global, Inc. (RELY) : Free Stock Analysis Report
Takeda Pharmaceutical Co. (TAK) : Free Stock Analysis Report
PhenixFIN Corporation (PFX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
