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 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 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 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 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.

Ferrari N.V. Price and Consensus

Ferrari N.V. Price and Consensus

Ferrari N.V. price-consensus-chart | Ferrari N.V. Quote

 

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.

See This Stock Now for Free >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

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).

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.