New Strong Buy Stocks for October 7th

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

Alignment Healthcare, Inc. ALHC: This healthcare platform for seniors has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days.

StoneCo Ltd. STNE: This fin-tech company that provides software solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 8.7% over the last 60 days.

eGain Corporation EGAN: This company that provides an AI-powered knowledge hub designed to automate and enhance customer experiences has seen the Zacks Consensus Estimate for its current year earnings increasing 52.2% over the last 60 days.

Phibro Animal Health Corporation PAHC: This animal health and mineral nutrition company has seen the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.

MGIC Investment CorporationMTG: This mortgage insurance company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.

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 #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.

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.

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

Zacks Investment Research