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New Strong Buy Stocks for May 17th

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Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:

ArcelorMittal (MT - Free Report) : This company that owns and operates steel manufacturing and mining facilities has seen the Zacks Consensus Estimate for its current year earnings increasing 13.1% over the last 60 days.

ArcelorMittal Price and Consensus

 

ArcelorMittal Price and Consensus

ArcelorMittal price-consensus-chart | ArcelorMittal Quote

Gates Industrial Corporation plc (GTES - Free Report) : This company that manufactures and sells engineered power transmission and fluid power solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 8.2% over the last 60 days.

Gates Industrial Corporation PLC Price and Consensus

 

Gates Industrial Corporation PLC Price and Consensus

Gates Industrial Corporation PLC price-consensus-chart | Gates Industrial Corporation PLC Quote

The Progressive Corporation (PGR - Free Report) : This company that provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services has seen the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

The Progressive Corporation Price and Consensus

 

The Progressive Corporation Price and Consensus

The Progressive Corporation price-consensus-chart | The Progressive Corporation Quote

Discovery, Inc. : This media company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

Discovery Communications, Inc. Price and Consensus

 

Discovery Communications, Inc. Price and Consensus

Discovery Communications, Inc. price-consensus-chart | Discovery Communications, Inc. Quote

H&E Equipment Services, Inc. (HEES - Free Report) : This integrated equipment services company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

H&E Equipment Services, Inc. Price and Consensus

 

H&E Equipment Services, Inc. Price and Consensus

H&E Equipment Services, Inc. price-consensus-chart | H&E Equipment Services, Inc. Quote

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

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Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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