Top Ranked Income Stocks to Buy for October 16th

KSS PG GPS SU

Here are four stocks with buy rank and strong income characteristics for investors to consider today, October 16th:

Procter & Gamble Company (PG - Free Report) : This branded consumer packaged goods provider has witnessed the Zacks Consensus Estimate for its current year earnings advancing 0.2% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 2.96%, compared with the industry average of 2.20%. Its five-year average dividend yield is 3.16%.

Gap, Inc. (GPS - Free Report) : This apparel retail company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 3.38%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.70%.

Suncor Energy Inc. (SU - Free Report) : This integrated energy company has witnessed the Zacks Consensus Estimate for its current year earnings advancing 11.5% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 3.04%, compared with the industry average of 1.67%. Its five-year average dividend yield is 2.70%.

Kohl's Corporation (KSS - Free Report) : This department stores operator has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.5% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 5.22%, compared with the industry average of 0.75%. Its five-year average dividend yield is 3.53%.

See the full list of top ranked stocks here.

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

5 Trades Could Profit "Big-League" from Trump Policies

If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure.

See these buy recommendations now >>

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 >>