Strong Buy Stocks Anointed: A Look at July 8 Selections

Published July 8, 2024

Investors seeking guidance on top-performing stocks may be interested to know that a quintet of companies has recently been elevated to a Zacks Rank #1 (Strong Buy) on July 8, 2024. This designation is indicative of positive earnings estimate revisions and often correlates with outperforming the market. The freshly minted Strong Buy stocks comprise a diverse set of industries, each with its unique strengths and market positions.

Diving into the Details of Selected Stocks

PRMW, or Primo Water Corporation, supplies water solutions and services across multiple regions including North America, Europe, and Israel. Operating from its headquarters in Tampa, Florida, the company has carved a niche in providing quality water products directly to consumers.

SM, known as SM Energy Company, is an independent entity focused on the acquisition and development of oil, natural gas, and natural gas liquids. With its primary operations based in Texas, the company’s strategic initiatives have positioned it as a significant player in the energy sector from its base in Denver, Colorado.

TDS, or Telephone and Data Systems, Inc., delivers telecommunication services within the United States. Their array of services and communications solutions has originated from a strong business foundation in Chicago, Illinois.

The gold mining endeavors of EGO, or Eldorado Gold Corporation, span across territories in Turkey, Canada, Greece, Brazil, and Romania. Headquartered in Vancouver, Canada, the company's operations include everything from discovery and acquisition to the production and sale of mineral products.

ASIX, AdvanSix Inc., provides a critical component to numerous industries through its manufacture and distribution of polymer resins. With an international footprint, the Parsippany, New Jersey-headquartered company maintains an influential presence in the market.