Best Income Stocks to Buy for February 7th

MBWM CIVI

Here are two stocks with buy rank and strong income characteristics for investors to consider today, February 7th:

Civitas Resources (CIVI - Free Report) : This carbon neutral oil & gas producer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.9% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.23%, compared with the industry average of 0.00%.

Mercantile Bank (MBWM - Free Report) : This company that serves businesses and consumers across Grand Rapids and Kent County has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 3.15%, compared with the industry average of 2.52%.

See the full list of top ranked stocks here.

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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 >>