Best Income Stocks to Buy for October 19th

Zacks Equity Research Published on October 19, 2023

Here are three stocks with buy rank and strong income characteristics for investors to consider today, October 19:

HSBC Holdings plc (HSBC - Free Report) : This company which provides banking and financial services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 4.9%, compared with the industry average of 4.8%.

First Financial Bancorp. (FFBC - Free Report) : This bank holding company for First Financial Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.7% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 4.5%, compared with the industry average of 3.9%.

Select Medical Holdings Corporation (SEM - Free Report) : This healthcare services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.1% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.1%, compared with the industry average of 0.0%.

See the full list of top ranked stocks here.

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

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 an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier 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.