Top Ranked Income Stocks to Buy for November 2nd

GRMN RIO SPH

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong income characteristics for investors to consider today, November 2nd:

Rio Tinto plc (RIO - Free Report) : This mining and metals company has witnessed the Zacks Consensus Estimate for its current year earnings gaining 8.3% over the last 30 days.

RIO TINTO-ADR Price and Consensus

 

The company has a dividend yield of 4.36%, compared with the industry average of 0%. Its five-year average dividend yield is 4.37%.

RIO TINTO-ADR Dividend Yield (TTM)

 

Suburban Propane Partners, L.P. (SPH - Free Report) : This distributor of propane, fuel oil and refined fuels has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 30 days.

SUBURB PROPANE Price and Consensus

 

The company has a dividend yield of 11.43%, compared with the industry average of 8.62%. Its five-year average dividend yield is 8.76%.

SUBURB PROPANE Dividend Yield (TTM)

 

Garmin Ltd. (GRMN - Free Report) : This navigation, communication, and information devices producer has witnessed the Zacks Consensus Estimate for its current year earnings surging 6.8% over the last 30 days.

GARMIN LTD Price and Consensus

 

The company has a dividend yield of 4.16%, compared with the industry average of 0%. Its five-year average dividend yield is 4.31%.

GARMIN LTD Dividend Yield (TTM)

 

Alliance Holdings GP, L.P. : This coal producer and marketer has witnessed the Zacks Consensus Estimate for its current year earnings jumping 9.6% over the last 30 days.

ALLIANCE HLDGS Price and Consensus

 

The company has a dividend yield of 7.32%, compared with the industry average of 0%. Its five-year average dividend yield is 8.04%.

ALLIANCE HLDGS Dividend Yield (TTM)

 

See the full list of top ranked stocks here.

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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.

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