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New Strong Buy Stocks for May 16th

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

Kennametal Inc. KMT: This company that engages in the business of tungsten carbides, ceramics, and super-hard materials and solutions for use in metal cutting and extreme wear applications has seen the Zacks Consensus Estimate for its current year earnings increasing 12.6% over the last 60 days.

Kennametal Inc. Price and Consensus

Kennametal Inc. Price and Consensus
Kennametal Inc. Price and Consensus

Kennametal Inc. price-consensus-chart | Kennametal Inc. Quote

InterDigital, Inc. IDCC: This company that designs and develops technologies that enable and enhance wireless communications has seen the Zacks Consensus Estimate for its next year earnings increasing 118.1% over the last 60 days.

InterDigital, Inc. Price and Consensus

InterDigital, Inc. Price and Consensus
InterDigital, Inc. Price and Consensus

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

Sandstorm Gold Ltd. SAND: This gold royalty company has seen the Zacks Consensus Estimate for its current year earnings increasing 28.6% over the last 60 days.

Sandstorm Gold Ltd Price and Consensus

Sandstorm Gold Ltd Price and Consensus
Sandstorm Gold Ltd Price and Consensus

Sandstorm Gold Ltd price-consensus-chart | Sandstorm Gold Ltd Quote

Diversified Healthcare Trust DHC: This company that owns medical offices, life science properties and senior living communities and wellness centers has seen the Zacks Consensus Estimate for its current year earnings increasing 46.2% over the last 60 days.

Diversified Healthcare Trust Price and Consensus

Diversified Healthcare Trust Price and Consensus
Diversified Healthcare Trust Price and Consensus

Diversified Healthcare Trust price-consensus-chart | Diversified Healthcare Trust Quote

Astec Industries, Inc. ASTE: This manufacturer of road building and construction equipment and components has seen the Zacks Consensus Estimate for its current year earnings increasing 25.9% over the last 60 days.

Astec Industries, Inc. Price and Consensus

Astec Industries, Inc. Price and Consensus
Astec Industries, Inc. Price and Consensus

Astec Industries, Inc. price-consensus-chart | Astec Industries, Inc. Quote

 

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

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

Astec Industries, Inc. (ASTE) : Free Stock Analysis Report

InterDigital, Inc. (IDCC) : Free Stock Analysis Report

Kennametal Inc. (KMT) : Free Stock Analysis Report

Sandstorm Gold Ltd (SAND) : Free Stock Analysis Report

Diversified Healthcare Trust (DHC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research