Best Income Stocks to Buy for August 6th

Photo of author

By Ronald Tech



Top Dividend Stocks for Discerning Investors

Strong Income Stocks for Your Portfolio

When looking for stocks that can provide both growth and income, three companies are shining bright today, August 6th:

ARMOUR Residential REIT (ARR): This company, focusing on investing in residential mortgage-backed securities, has seen a 10.1% surge in the Zacks Consensus Estimate for its current year earnings over the past 60 days.

ARMOUR Residential REIT, Inc. Price and Consensus

Ranking #1 on the Zacks list, this firm offers a generous dividend yield of 14.1%, significantly higher than the industry average of 12.0%.

ARMOUR Residential REIT, Inc. Dividend Yield (TTM)

Solaris Oilfield Infrastructure (SOI): A company specializing in manufacturing patented mobile proppant management systems, Solaris has had a 2.0% increase in the Zacks Consensus Estimate for its current year earnings in the last 60 days.

Solaris Oilfield Infrastructure, Inc. Price and Consensus

Also securing a Zacks Rank #1, Solaris offers a dividend yield of 4.2%, exceeding the industry average of 0.0%.

Solaris Oilfield Infrastructure, Inc. Dividend Yield (TTM)

KB Home (KBH): A prominent homebuilder in the U.S., KB Home has experienced a robust 4.6% rise in the Zacks Consensus Estimate for its current year earnings over the last two months.

KB Home Price and Consensus

With a Zacks Rank #1, KB Home boasts a dividend yield of 1.3%, surpassing the industry average of 0.0%.

KB Home Dividend Yield (TTM)

For a comprehensive list of top-ranked stocks, explore our full collection here.

Discover more high-income stocks using our premium screens for tailored results.

Unearth Compelling Investment Opportunities

From the vast array of stocks available, Zacks experts have singled out their top choices for potential 100%+ growth in the near future. Among them, Director of Research Sheraz Mian identifies one with exceptional upside.

See also  Insightful Stock Analysis: Adobe, Buckle, and More in FocusExploring Market Dynamics and Key Performances of Adobe and Buckle Stocks

This particular company resonates with millennial and Gen Z demographics, recording nearly $1 billion in revenue in the last quarter alone. The current market situation presents a prime opportunity to invest. While every elite pick may not yield success, this one stands to surpass previous Zacks’ Stars such as Nano-X Imaging, which surged by +129.6% in just over 9 months.

Get exclusive access to our top stock and additional picks here.

For expert insights from Zacks Investment Research, download the latest report on the 7 Best Stocks for the Next 30 Days.