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New Strong Buy Stocks for January 4th

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

Ryerson Holding Corporation (RYI - Free Report) : This services company that processes and distributes metals has seen the Zacks Consensus Estimate for its current year earnings increasing 41.4% over the last 60 days.

Builders FirstSource, Inc. (BLDR - Free Report) : This leading supplier and manufacturer of structural and related building products for residential new construction in the United States has seen the Zacks Consensus Estimate for its current year earnings increasing 32.7% over the last 60 days.

CNH Industrial N.V. (CNHI - Free Report) : This company that offers vehicles for agricultural and industrial purposes has seen the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.

Compass Diversified Holdings (CODI - Free Report) : This company that was formed to acquire and manage a group of middle market businesses that are headquartered in North America has seen the Zacks Consensus Estimate for its current year earnings increasing 19.1% over the last 60 days.

Federated Hermes, Inc. (FHI - Free Report) : This global asset manager has seen the Zacks Consensus Estimate for its current year earnings increasing 4.1% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>