New Strong Sell Stocks for June 2nd

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

Westlake WLK is a global producer and supplier of materials and innovative products. The Zacks Consensus Estimate for its current year earnings has been revised 60.6% downward over the last 60 days.

TXO Partners LP TXO is a master limited partnership focused on the acquisition, development, optimization and exploitation of conventional oil, natural gas and natural gas liquid reserves principally in North America. The Zacks Consensus Estimate for its current year earnings has been revised almost 29.7% downward over the last 60 days.

Jefferies Financial Group JEF is a financial services company that provides various services, including IB, asset management, capital market-related services and direct investing in the Americas, Europe and Asia. The Zacks Consensus Estimate for its current year earnings has been revised 19.6% downward over the last 60 days.

View the entire Zacks Rank #5 List.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

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

Zacks Investment Research

Source Zacks-com