New Strong Buy Stocks for August 1st

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

Roku, Inc. ROKU: This operator of a TV streaming platform has seen the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Pharming Group N.V. PHAR: This biopharmaceutical company has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 7% over the last 60 days.

Ardmore Shipping Corporation ASC: This company that engages in the seaborne transportation of petroleum products and chemicals has seen the Zacks Consensus Estimate for its next year earnings increasing nearly 9% over the last 60 days.

Meta Platforms, Inc. META: This developer of social media platforms has seen the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Apollo Commercial Real Estate Finance, Inc. ARI: This real estate investment trust has seen the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.

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

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Source Zacks-com