Top Ranked Income Stocks to Buy for December 12th

EFC EVA

Here are three stocks with buy rank and strong income characteristics for investors to consider today, December 12th:

Ellington Financial Inc. (EFC - Free Report) : This company that acquire and manage mortgage-related, consumer-related, corporate-related, and other financial assets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 9.2%, compared with the industry average of 0.0%. Its five-year average dividend yield is 6.3%.

Enviva Partners, LP (EVA - Free Report) : This company that produces and supplies utility-grade wood pellets has witnessed the Zacks Consensus Estimate for its current year earnings increasing 35.3% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 7.7%, compared with the industry average of 0.0%. Its five-year average dividend yield is 8.6%.

Spark Energy, Inc. : This independent retail energy services company has witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 6.8%, compared with the industry average of nearly 3%. Its five-year average dividend yield is 6.5%.

See the full list of top ranked stocks here.

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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.

Free: See Our Top Stock and 4 Runners Up >>