Here are three stocks with buy rank and strong income characteristics for investors to consider today, July 8th:
CION Investment Corporation CION: This externally managed, non-diversified closed-end investment company, with an objective is to generate current income and modest capital appreciation by primarily investing in senior secured debt, first lien, second lien and unitranche loans of U.S. middle-market companies, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.
CION Investment Corporation Price and Consensus
CION Investment Corporation price-consensus-chart | CION Investment Corporation Quote
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 18.8%, compared with the industry average of 11.7%.
CION Investment Corporation Dividend Yield (TTM)
CION Investment Corporation dividend-yield-ttm | CION Investment Corporation Quote
ZTO Express Cayman ZTO: This company, which is a leading player in the field of express delivery in China, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.8% over the last 60 days.
ZTO Express (Cayman) Inc. Price and Consensus
ZTO Express (Cayman) Inc. price-consensus-chart | ZTO Express (Cayman) Inc. Quote
This Zacks Rank #1 company has a dividend yield of 3.3%, compared with the industry average of 0.0%.
ZTO Express (Cayman) Inc. Dividend Yield (TTM)
ZTO Express (Cayman) Inc. dividend-yield-ttm | ZTO Express (Cayman) Inc. Quote
Karooooo KARO: This company, which is a provider in the telematics industry which offers real-time mobility data analytics solutions for smart transportation, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.
Karooooo Ltd. Price and Consensus
Karooooo Ltd. price-consensus-chart | Karooooo Ltd. Quote
This Zacks Rank #1 company has a dividend yield of 2.2%, compared with the industry average of 0.0%.
Karooooo Ltd. Dividend Yield (TTM)
Karooooo Ltd. dividend-yield-ttm | Karooooo Ltd. Quote
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>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
ZTO Express (Cayman) Inc. (ZTO): Free Stock Analysis Report
Karooooo Ltd. (KARO): Free Stock Analysis Report
CION Investment Corporation (CION): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).