New Strong Buy Stocks for January 7th

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Envela Corporation ELA: This recycling and recommerce services company has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.

Envela Corporation Price and Consensus

Envela Corporation price-consensus-chart | Envela Corporation Quote

IHS Holding Limited IHS: This communications infrastructure company has seen the Zacks Consensus Estimate for its current year earnings increasing 105.3% over the last 60 days.

IHS Holding Limited Price and Consensus

IHS Holding Limited price-consensus-chart | IHS Holding Limited Quote

Centrus Energy Corp. LEU: This nuclear fuel and services provider has seen the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.

Centrus Energy Corp. Price and Consensus

Centrus Energy Corp. price-consensus-chart | Centrus Energy Corp. Quote

Clearway Energy, Inc. CWEN: This clean energy generation assets company has seen the Zacks Consensus Estimate for its current year earnings increasing 100.9% over the last 60 days.

Clearway Energy, Inc. Price and Consensus

Clearway Energy, Inc. price-consensus-chart | Clearway Energy, Inc. Quote

Ares Commercial Real Estate Corporation ACRE: This specialty finance company from the real estate sector has seen the Zacks Consensus Estimate for its current year earnings increasing 52.7% over the last 60 days.

Ares Commercial Real Estate Corporation Price and Consensus

Ares Commercial Real Estate Corporation price-consensus-chart | Ares Commercial Real Estate Corporation Quote

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

#1 Semiconductor Stock to Buy (Not NVDA)

The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.

One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research