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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 +24.20% per year. These returns cover a period from January 1, 1988 through April 1, 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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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
ArcBest (ARCB - Free Report) : This company that provides freight transportation services and solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 1% over the last 60 days.
Boise Cascade (BCC - Free Report) : This wood products manufacturer and building materials distributor has seen the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.
Dynavax Technologies (DVAX - Free Report) : This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 13.6% over the last 60 days.
FreeportMcMoRan (FCX - Free Report) : This company that engages in mineral exploration and development has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.
J.B. Hunt Transport Services (JBHT - Free Report) : This provider of a broad range of transportation services has seen the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Get the latest research report on DVAX - FREE
Get the latest research report on FCX - FREE
Get the latest research report on JBHT - FREE
Get the latest research report on BCC - FREE
Get the latest research report on ARCB - FREE