Best Income Stocks to Buy for April 18th

LPX ALSN

Here are two stocks with buy rank and strong income characteristics for investors to consider today, April 18:

Allison Transmission Holdings, Inc. (ALSN - Free Report) : This transmission systems companyhas witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.8% the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.3%, compared with the industry average of 0.0%.

Louisiana-Pacific Corporation (LPX - Free Report) : This building solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.4%, compared with the industry average of 0.0%.

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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