Best Income Stocks to Buy for June 7th

LPX SBLK GOGL

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

Star Bulk Carriers Corp. (SBLK - Free Report) : This shipping company of dry-bulk cargoes has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.5% over the last 60 days.

Star Bulk Carriers Corp. Price and Consensus

This Zacks Rank #1 company has a dividend yield of 20.3%, compared with the industry average of 0.7%.

Star Bulk Carriers Corp. Dividend Yield (TTM)

Golden Ocean Group Limited (GOGL - Free Report) : This shipping company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 56.4% over the last 60 days.

Golden Ocean Group Limited Price and Consensus

This Zacks Rank #1 company has a dividend yield of 12.7%, compared with the industry average of 0.7%.

Golden Ocean Group Limited Dividend Yield (TTM)

Louisiana-Pacific Corporation (LPX - Free Report) : This manufacturer of home-building products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 19.6% over the last 60 days.

LouisianaPacific Corporation Price and Consensus

This Zacks Rank #1 company has a dividend yield of nearly 1.2%, compared with the industry average of 0.6%.

LouisianaPacific Corporation Dividend Yield (TTM)

See the full list of top ranked stocks here.

 

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Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

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