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New Strong Buy Stocks for May 7th

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:

Amkor Technology, Inc. (AMKR): This company that provides outsourced semiconductor packaging and test services has seen the Zacks Consensus Estimate for its current year earnings increasing 90% over the last 60 days.

Amkor Technology, Inc. Price and Consensus

 

Amkor Technology, Inc. Price and Consensus
Amkor Technology, Inc. Price and Consensus

Amkor Technology, Inc. price-consensus-chart | Amkor Technology, Inc. Quote

Meritor, Inc. (MTOR): This company that designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) has seen the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.

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Meritor, Inc. Price and Consensus

 

Meritor, Inc. Price and Consensus
Meritor, Inc. Price and Consensus

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

PennyMac Mortgage Investment Trust (PMT): This specialty finance company has seen the Zacks Consensus Estimate for its current year earnings increasing 2.3% over the last 60 days.

PennyMac Mortgage Investment Trust Price and Consensus

 

PennyMac Mortgage Investment Trust Price and Consensus
PennyMac Mortgage Investment Trust Price and Consensus

PennyMac Mortgage Investment Trust price-consensus-chart | PennyMac Mortgage Investment Trust Quote

Ryerson Holding Corporation (RYI): This company that processes and distributes industrial metals has seen the Zacks Consensus Estimate for its current year earnings increasing 31.8% over the last 60 days.

Ryerson Holding Corporation Price and Consensus

 

Ryerson Holding Corporation Price and Consensus
Ryerson Holding Corporation Price and Consensus

Ryerson Holding Corporation price-consensus-chart | Ryerson Holding Corporation Quote

Tech Data Corporation (TECD): This IT distribution and solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 0.4% over the last 60 days.

Tech Data Corporation Price and Consensus

 

Tech Data Corporation Price and Consensus
Tech Data Corporation Price and Consensus

Tech Data Corporation price-consensus-chart | Tech Data Corporation Quote

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

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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
 
Tech Data Corporation (TECD) : Free Stock Analysis Report
 
Ryerson Holding Corporation (RYI) : Free Stock Analysis Report
 
PennyMac Mortgage Investment Trust (PMT) : Free Stock Analysis Report
 
Meritor, Inc. (MTOR) : Free Stock Analysis Report
 
Amkor Technology, Inc. (AMKR) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research