New Strong Buy Stocks for August 23rd

ASTE AMAT AXTI CIM

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:

Applied Materials, Inc. (AMAT - Free Report) : This provider of manufacturing equipment, services and software has seen the Zacks Consensus Estimate for its current year earnings climbing 7.5% over the last 30 days.

APPLD MATLS INC Price and Consensus

 

Astec Industries, Inc. (ASTE - Free Report) : This manufacturer of equipment and components primarily for road building has witnessed the Zacks Consensus Estimate for its current year earnings soaring 5.9% over the last 30 days.

ASTEC INDS INC Price and Consensus

 

AXT Inc. (AXTI - Free Report) : This manufacturer of compound and single element semiconductor substrates has seen the Zacks Consensus Estimate for its current year earnings jumping 127.3% over the last 30 days.

AXT INC Price and Consensus

 

Castle Brands Inc. : This manufacturer of beverage alcohol products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 100% over the last 30 days.

CASTLE BRANDS Price and Consensus

 

Chimera Investment Corporation (CIM - Free Report) : This real estate investment trust has seen the Zacks Consensus Estimate revision for its current year earnings rising 2.1% over the last 30 days.

CHIMERA INVEST Price and Consensus

 

Confidential from Zacks

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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 >>