Top Ranked Income Stocks to Buy for May 23rd

CAT BGFV FAF KRO

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong income characteristics for investors to consider today, May 23rd:

Big 5 Sporting Goods Corporation (BGFV - Free Report) : This sporting goods retailer has witnessed the Zacks Consensus Estimate for its current year earnings jumping 8.7% over the last 60 days.

This company has a dividend yield of 4.48%, compared with the industry average of 0%. Its five-year average dividend yield is 12.09%.

Kronos Worldwide, Inc. (KRO - Free Report) : This global producer and marketer of titanium dioxide pigments has witnessed the Zacks Consensus Estimate for its current year earnings jumping more than 100% over the last 60 days.

This company has a dividend yield of 3.11%, compared with the industry average of 0.94%. Its five-year average dividend yield is 5.31%.

First American Financial Corp (FAF - Free Report) : This company that engages in providing financial services has witnessed the Zacks Consensus Estimate for its current year earnings jumping 6.2% over the last 60 days.

This company has a dividend yield of 3.21%, compared with the industry average of 1.58%. Its five-year average dividend yield is 35.82%.

Caterpillar Inc. (CAT - Free Report) : This manufacturer of construction and mining equipments has witnessed the Zacks Consensus Estimate for its current year earnings advancing 32.6% over the last 60 days.

This company has a dividend yield of 3.01%, compared with the industry average of 0.86%. Its five-year average dividend yield is 11.76%.

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens.

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 >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>