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New Strong Buy Stocks for August 3rd

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

Columbus McKinnon Corporation (CMCO - Free Report) : This company that manufactures, and markets hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products has seen the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

Columbus McKinnon Corporation Price and Consensus

 

Columbus McKinnon Corporation Price and Consensus

Columbus McKinnon Corporation price-consensus-chart | Columbus McKinnon Corporation Quote

Gates Industrial Corporation plc (GTES - Free Report) : This manufacturer and seller of engineered power transmission and fluid power solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 8.6% 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

Insight Enterprises, Inc. (NSIT - Free Report) : This company that provides information technology (IT) hardware, software, and service solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 daysW&T Offshore, Inc. (WTI - Free Report) : This independent oil and natural gas producer has seen the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.Allison Transmission Holdings, Inc. (ALSN - Free Report) : This company that designs, manufactures, and sells commercial and defense fully-automatic transmissions has seen the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Allison Transmission Holdings, Inc. Price and Consensus

 

Allison Transmission Holdings, Inc. Price and Consensus

Allison Transmission Holdings, Inc. price-consensus-chart | Allison Transmission Holdings, Inc. Quote

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

Will You Make a Fortune on the Shift to Electric Cars?

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.

See This Ticker Free >>