New Strong Buy Stocks for July 1st

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

Powell Industries, Inc. POWL: This semiconductor company has seen the Zacks Consensus Estimate for its current year earnings increasing 39.1% over the last 60 days.

Power Integrations, Inc. Price and Consensus

Power Integrations, Inc. price-consensus-chart | Power Integrations, Inc. Quote

Delek US Holdings, Inc. DK: This integrated downstream energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 44% over the last 60 days.

Delek US Holdings, Inc. Price and Consensus

Delek US Holdings, Inc. price-consensus-chart | Delek US Holdings, Inc. Quote

Alliance Laundry Holdings Inc. ALH: This commercial laundry systems company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.

Alliance Laundry Holdings Inc. Price and Consensus

Alliance Laundry Holdings Inc. price-consensus-chart | Alliance Laundry Holdings Inc. Quote

Cenovus Energy Inc. CVE: This integrated energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 38.2% over the last 60 days.

Cenovus Energy Inc Price and Consensus

Cenovus Energy Inc price-consensus-chart | Cenovus Energy Inc Quote

Legacy Housing Corporation LEGH: This manufactured housing company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.5% over the last 60 days.

Legacy Housing Corporation Price and Consensus

Legacy Housing Corporation price-consensus-chart | Legacy Housing Corporation Quote

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