New Strong Buy Stocks for January 19th

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

ADEIA INC ADEA: This company, which allow users to manage content and connections in a way which is smart, immersive and personal, has seen the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Adeia Inc. Price and Consensus

Adeia Inc. price-consensus-chart | Adeia Inc. Quote

RF Industries RFIL: This company, which is engaged in the design, manufacture and distribution of coaxial connectors used in radio communications applications as well as in computers, test instruments, PC LANS and antenna devices, has seen the Zacks Consensus Estimate for its current year earnings increasing 22.9% over the last 60 day.

RF Industries, Ltd. Price and Consensus

RF Industries, Ltd. price-consensus-chart | RF Industries, Ltd. Quote

Allied Gold Corporation AAUC: This gold producer, which operates a portfolio of producing assets and development projects located principally in Cote d'Ivoire, Mali and Ethiopia, has seen the Zacks Consensus Estimate for its current year earnings increasing 14.1% over the last 60 days.

Allied Gold Corporation Price and Consensus

Allied Gold Corporation price-consensus-chart | Allied Gold Corporation Quote

The Descartes Systems Group DSGX: This company, which a leading provider of software-as-a-service logistics solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.9% over the last 60 days.

The Descartes Systems Group Inc. Price and Consensus

The Descartes Systems Group Inc. price-consensus-chart | The Descartes Systems Group Inc. Quote

First Horizon FHN: This financial services company, which offers regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management and capital market services, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.7% over the last 60 days.

First Horizon Corporation Price and Consensus

First Horizon Corporation price-consensus-chart | First Horizon Corporation Quote

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

#1 Semiconductor Stock to Buy (Not NVDA)

The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.

One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.

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

Zacks Investment Research

Source Zacks-com