New Strong Buy Stocks for September 29th

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By Ronald Tech

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

Phillips 66 PSX: This diversified and integrated energy company which operates 13 refineries, primarily in the United States, with a total refining capacity of 2.2 million barrels per day, has seen the Zacks Consensus Estimate for its current year earnings increasing 12.9% over the last 60 days.

Phillips 66 Price and Consensus

Phillips 66 Price and Consensus

Phillips 66 price-consensus-chart | Phillips 66 Quote

ScanSource SCSC: This company which serves North America as a value-added distributor of specialty technologies, including automatic identification and point-of-sale products, and business telephone products, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.9% over the last 60 day.

ScanSource, Inc. Price and Consensus

ScanSource, Inc. Price and Consensus

ScanSource, Inc. price-consensus-chart | ScanSource, Inc. Quote

Ralph Lauren RL: This company which is a major designer, marketer and distributor of premium lifestyle products in North America, Europe, Asia, and internationally, has seen the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.

Ralph Lauren Corporation Price and Consensus

Ralph Lauren Corporation Price and Consensus

Ralph Lauren Corporation price-consensus-chart | Ralph Lauren Corporation Quote

GRUPO CIBEST SA CIB: This banking company which is Colombia’s largest bank in terms of assets and also has the largest market participation in deposit products and loans, has seen the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.

BanColombia S.A. Price and Consensus

BanColombia S.A. Price and Consensus

BanColombia S.A. price-consensus-chart | BanColombia S.A. Quote

Corning GLW: This company which has developed its glass technologies to produce advanced glass substrates that are used in a large number of applications across multiple markets, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

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Corning Incorporated Price and Consensus

Corning Incorporated Price and Consensus

Corning Incorporated price-consensus-chart | Corning Incorporated Quote

 

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include

Stock #1: A Disruptive Force with Notable Growth and Resilience

Stock #2: Bullish Signs Signaling to Buy the Dip

Stock #3: One of the Most Compelling Investments in the Market

Stock #4: Leader In a Red-Hot Industry Poised for Growth

Stock #5: Modern Omni-Channel Platform Coiled to Spring

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.

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Corning Incorporated (GLW) : Free Stock Analysis Report

Ralph Lauren Corporation (RL) : Free Stock Analysis Report

ScanSource, Inc. (SCSC) : Free Stock Analysis Report

Phillips 66 (PSX) : Free Stock Analysis Report

BanColombia S.A. (CIB) : Free Stock Analysis Report

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

Zacks Investment Research