Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Astec Industries, Inc. ASTE: This construction equipment company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.6% over the last 60 days.
Astec Industries, Inc. Price and Consensus
Astec Industries, Inc. price-consensus-chart | Astec Industries, Inc. Quote
Equinor ASA EQNR: This energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 24.3% over the last 60 days.
Equinor ASA Price and Consensus
Equinor ASA price-consensus-chart | Equinor ASA Quote
GigaCloud Technology Inc. GCT: This e-commerce solutions provider has seen the Zacks Consensus Estimate for its current year earnings increasing 17.1% over the last 60 days.
GigaCloud Technology Inc. Price and Consensus
GigaCloud Technology Inc. price-consensus-chart | GigaCloud Technology Inc. Quote
DXP Enterprises, Inc. DXPE: This industrial distribution company has seen the Zacks Consensus Estimate for its current year earnings increasing 17.2% over the last 60 days.
DXP Enterprises, Inc. Price and Consensus
DXP Enterprises, Inc. price-consensus-chart | DXP Enterprises, Inc. Quote
Strattec Security Corporation STRT: This automotive technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 19.3% over the last 60 days.
Strattec Security Corporation Price and Consensus
Strattec Security Corporation price-consensus-chart | Strattec Security Corporation Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
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 $971 billion by 2028.
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Astec Industries, Inc. (ASTE): Free Stock Analysis Report
DXP Enterprises, Inc. (DXPE): Free Stock Analysis Report
Strattec Security Corporation (STRT): Free Stock Analysis Report
Equinor ASA (EQNR): Free Stock Analysis Report
GigaCloud Technology Inc. (GCT): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).