Five stocks were added to the Zacks Rank #1 (Strong Buy) List today, showing promising signs for investors. SIGA Technologies, Inc. saw a significant increase in its Zacks Consensus Estimate for current year earnings, up by 11.6% over the last 60 days. This pharmaceutical company is on a positive trajectory in the market.
Ryerson Holding Corporation, a processing and distribution company of industrial metals, also made it to the list with a Zacks Consensus Estimate for next year earnings increasing by 19.8% over the last 60 days. This indicates a strong potential for growth in the near future.
Larimar Therapeutics, Inc., a clinical-stage biotechnology company, witnessed a substantial increase of 47.8% in its Zacks Consensus Estimate for current year earnings over the last 60 days. This reflects a positive outlook for the company.
Veritiv Corporation, a business-to-business provider of value-added packaging products and services, saw a 15.2% increase in its Zacks Consensus Estimate for current year earnings. This signals a bullish sentiment among analysts towards the company.
Lastly, Piedmont Lithium Inc., an exploration stage company involved in resource projects and services, experienced a 30.7% increase in its Zacks Consensus Estimate for current year earnings over the last 60 days. This shows a strong potential for growth and profitability.
Investors looking for potential opportunities in the market should keep an eye on these five stocks as they show promising growth prospects.