New Strong Buy Stocks for January 16th

Zacks Equity Research Published on January 16, 2023

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

MGIC Investment Corporation (MTG - Free Report) : This mortgage insurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.

Sasol Limited (SSL - Free Report) : This integrated chemical and energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.9% over the last 60 days.

Coca-Cola Europacific Partners PLC (CCEP - Free Report) : This company which produces, distributes, and sells a range of non-alcoholic beverages has seen the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.

Okta, Inc. (OKTA - Free Report) : This company that provides identity solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 62.5% over the last 60 days.

Euronav NV (EURN - Free Report) : This crude oil transportation company has seen the Zacks Consensus Estimate for its current year earnings increasing 24.2% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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.