Best Income Stocks to Buy for March 23rd

Here are three stocks with buy rank and strong income characteristics for investors to consider today, March 23rd:

Karat Packaging KRT: This company, which is a specialty distributor and manufacturer of disposable foodservice products and related items, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21% over the last 60 days.

Karat Packaging Inc. Price and Consensus

Karat Packaging Inc. price-consensus-chart | Karat Packaging Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 6.7%, compared with the industry average of 2.3%.

Karat Packaging Inc. Dividend Yield (TTM)

Karat Packaging Inc. dividend-yield-ttm | Karat Packaging Inc. Quote

Opera Limited OPRA: This company, which provides web browsers, Opera News, an AI-driven content discovery platform, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.

Opera Limited Sponsored ADR Price and Consensus

Opera Limited Sponsored ADR price-consensus-chart | Opera Limited Sponsored ADR Quote

This Zacks Rank #1 company has a dividend yield of 5.4%, compared with the industry average of 0.0%.

Opera Limited Sponsored ADR Dividend Yield (TTM)

Opera Limited Sponsored ADR dividend-yield-ttm | Opera Limited Sponsored ADR Quote

Magna International MGA: This mobility technology company and global automotive supplier, which offers comprehensive vehicle engineering and contract manufacturing expertise, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.9% over the last 60 days.

Magna International Inc. Price and Consensus

Magna International Inc. price-consensus-chart | Magna International Inc. Quote

This Zacks Rank #1 company has a dividend yield of 3.8%, compared with the industry average of 0.0%.

Magna International Inc. Dividend Yield (TTM)

Magna International Inc. dividend-yield-ttm | Magna International Inc. Quote

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens

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.

Today, See These 5 Potential Home Runs >>

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

Magna International Inc. (MGA): Free Stock Analysis Report

Opera Limited Sponsored ADR (OPRA): Free Stock Analysis Report

Karat Packaging Inc. (KRT): Free Stock Analysis Report

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

Zacks Investment Research