Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
Powell Industries, Inc. POWL: This semiconductor company has seen the Zacks Consensus Estimate for its current year earnings increasing 39.1% over the last 60 days.
Power Integrations, Inc. Price and Consensus
Power Integrations, Inc. price-consensus-chart | Power Integrations, Inc. Quote
Delek US Holdings, Inc. DK: This integrated downstream energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.
Delek US Holdings, Inc. Price and Consensus
Delek US Holdings, Inc. price-consensus-chart | Delek US Holdings, Inc. Quote
Alliance Laundry Holdings Inc. ALH: This commercial laundry systems company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.
Alliance Laundry Holdings Inc. Price and Consensus
Alliance Laundry Holdings Inc. price-consensus-chart | Alliance Laundry Holdings Inc. Quote
Cenovus Energy Inc. CVE: This integrated energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 38.2% over the last 60 days.
Cenovus Energy Inc Price and Consensus
Cenovus Energy Inc price-consensus-chart | Cenovus Energy Inc Quote
Legacy Housing Corporation LEGH: This manufactured housing company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.5% over the last 60 days.
Legacy Housing Corporation Price and Consensus
Legacy Housing Corporation price-consensus-chart | Legacy Housing Corporation 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 UpWant 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
Delek US Holdings, Inc. (DK): Free Stock Analysis Report
Cenovus Energy Inc (CVE): Free Stock Analysis Report
Powell Industries, Inc. (POWL): Free Stock Analysis Report
Legacy Housing Corporation (LEGH): Free Stock Analysis Report
Alliance Laundry Holdings Inc. (ALH): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).