Back to top

Image: Bigstock

Top Ranked Income Stocks to Buy for August 2nd

Read MoreHide Full Article

Here are four stocks with buy rank and strong income characteristics for investors to consider today, August 2nd:

Air Products and Chemicals, Inc. (APD - Free Report) : This atmospheric gases provider has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.2% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 2.55%, compared with the industry average of 1.05%. Its five-year average dividend yield is 2.56%.

Caterpillar Inc. (CAT - Free Report) : This major manufacturer of construction and mining equipmenthas witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.4% over the last 60 days.

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.76%, compared with the industry average of 0.78%. Its five-year average dividend yield is 3.14%.

Gilead Sciences, Inc. (GILD - Free Report) : This biopharmaceutical companyhas witnessed the Zacks Consensus Estimate for its current year earnings rising 8.5% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 2.75%, compared with the industry average of 0.00%. Its five-year average dividend yield is 0.87%.

TESSCO Technologies Incorporated : This value chain solutions provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

This Zacks Rank #2 (Buy) company has a dividend yield of 5.82%, compared with the industry average of 0.00%. Its five-year average dividend yield is 3.82%.

See the full list of top ranked stocks here.

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

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>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Air Products and Chemicals, Inc. (APD) - free report >>

Caterpillar Inc. (CAT) - free report >>

Gilead Sciences, Inc. (GILD) - free report >>