New Strong Buy Stocks for June 5th

Zacks Equity Research Published on June 05, 2023

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

Newmont Corporation (NEM - Free Report) : This producer and explorer of gold and other metals has seen the Zacks Consensus Estimate for its current year earnings increasing 16.4% over the last 60 days.

Kennametal Inc. (KMT - Free Report) : This company that engages in the business of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications has seen the Zacks Consensus Estimate for its current year earnings increasing 12.6% over the last 60 days.

Vipshop Holdings Limited (VIPS - Free Report) : This company that operates online platforms for various brands in China has seen the Zacks Consensus Estimate for its current year earnings increasing 17.6% over the last 60 days.

Novo Nordisk A/S (NVO - Free Report) : This pharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing 12.4% over the last 60 days.

Bayerische Motoren Werke Aktiengesellschaft (BAMXF - Free Report) : This automobiles and motorcycles, and spare parts and accessories company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.8% over the last 60 days.

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

Top 5 ChatGPT Stocks Revealed

Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”