Top Ranked Income Stocks to Buy for January 18th

Zacks Equity Research Published on January 18, 2019

Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 18th:

Steelcase Inc. (SCS - Free Report) : This furniture settings manufacturer has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.8% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.28%, compared with the industry average of 2.89%. Its five-year average dividend yield is 3.05%.

Saratoga Investment Corp (SAR - Free Report) : This financial business development company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.5% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 9.69%, compared with the industry average of 9.61%. Its five-year average dividend yield is 7.22%.

Sanofi (SNY - Free Report) : This therapeutic solutions provider haswitnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 2.86%, compared with the industry average of 2.81%. Its five-year average dividend yield is 2.58%.

The Southern Company (SO - Free Report) : This electricity generator has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

This Zacks Rank #2 company has a dividend yield of 5.10%, compared with the industry average of 3.18%. Its five-year average dividend yield is 4.74%.

See the full list of top ranked stocks here

Find more top income stocks with some of our great premium screens.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

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.