New Strong Buy Stocks for January 17th

Tirthankar Chakraborty Published on January 17, 2018

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

ArcelorMittal (MT - Free Report) : This company that owns and operates steel manufacturing and mining facilities has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 30 days.

Huntsman Corporation (HUN - Free Report) : This company that manufactures and sells differentiated organic and inorganic chemical products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 30 days.

KB Home (KBH - Free Report) : This homebuilding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 15.7% over the last 30 days.

Sinopec Shanghai Petrochemical Company Limited (SHI - Free Report) : This company that manufactures and sells petrochemical products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 60.3% over the last 30 days.

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.