New Strong Buy Stocks for August 29th: Bar Harbor Bankshares, Janus Henderson Group, Oshkosh Corporation, FVCBankcorp, and T. Rowe Price Group.

Here is a summary of the article in 30-90 words: Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, including Bar Harbor Bankshares (BHB), Janus Henderson Group (JHG), Oshkosh Corporation (OSK), FVCBankcorp (FVCB), and T. Rowe Price Group (TROW). The stocks have seen an increase in the Zacks Consensus Estimate for their current year earnings over the last 60 days.

Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, signaling a positive outlook on their earnings prospects. Bar Harbor Bankshares (BHB), Janus Henderson Group (JHG), Oshkosh Corporation (OSK), FVCBankcorp (FVCB), and T. Rowe Price Group (TROW) have all seen an increase in the Zacks Consensus Estimate for their current year earnings over the last 60 days. This upward revision indicates a growing optimism among analysts about the companies' financial health and future performance.

Bar Harbor Bankshares, a bank holding company, saw its earnings estimate increase by 7.5%, while Janus Henderson Group, an asset management company, saw a 7.1% increase. Oshkosh Corporation, a purpose-built vehicles and equipment company, saw its estimate for next year's earnings rise by 6.5%. FVCBankcorp, a bank holding company, experienced a 5.2% increase, and T. Rowe Price Group, an investment management company, saw its estimate increase by 10.3% [1].

The Zacks Rank system, which classifies stocks based on their earnings estimate revisions, is a valuable tool for investors. It uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell). The system has a proven track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988 [2].

Investors should monitor these stocks closely, as the Zacks Rank upgrade suggests that they have strong earnings potential and could perform well in the near term. However, it is essential to conduct thorough research and consider other factors before making investment decisions.

References:
[1] https://finance.yahoo.com/news/strong-buy-stocks-august-29th-103800196.html
[2] https://www.nasdaq.com/articles/all-you-need-know-about-consensus-cloud-solutions-ccsi-rating-upgrade-buy