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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.68% per year. These returns cover a period from January 1, 1988 through August 5, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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New Strong Buy Stocks For June 20th
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
• Apple Hospitality REIT, Inc. (APLE - Free Report) is a real estate investment trust. Its portfolio consists of hotels, guest rooms and resorts. The Zacks Consensus Estimate for its current year earnings has improved by 0.3% over the last 30 days.
• Canadian Imperial Bank of Commerce (CM - Free Report) offers a full range of financial products and services across Canada, in the U.S. and around the world. The Zacks Consensus Estimate for its current year earnings has improved by 1.9% over the last 30 days.
• NTT DOCOMO, Inc. is the world's leading mobile communications company that provides a wide variety of leading-edge mobile multimedia services. It has seen the Zacks Consensus Estimate for its current year earnings climb 10.8% over the last 30 days.
• Mobile TeleSystems PJSC provides telecommunication services including voice and data transmission, Internet access and pay TV. The Zacks Consensus Estimate revision for its current year earnings was a positive 1.5% over the last 30 days.
• Northwest Bancshares, Inc. (NWBI - Free Report) is a bank holding company that provides services including personal and business banking solutions. The Zacks Consensus Estimate for its current year earnings has moved 1.2% higher over the last 30 days.
View the entire Zacks Rank #1 List.