New Strong Buy Stocks March 16th

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

BHP Group Limited BHP: This resources company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.5% over the last 60 days.

BHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

Canadian Imperial Bank of Commerce CM: This bank holding company has seen the Zacks Consensus Estimate for its current year earnings increasing 10.8% over the last 60 days.

Canadian Imperial Bank of Commerce Price and Consensus

Canadian Imperial Bank of Commerce price-consensus-chart | Canadian Imperial Bank of Commerce Quote

Drilling Tools International Corporation DTI: This oilfield services company has seen the Zacks Consensus Estimate for its current year earnings increasing 26.7% over the last 60 days.

Drilling Tools International Corp. Price and Consensus

Drilling Tools International Corp. price-consensus-chart | Drilling Tools International Corp. Quote

Ciena Corporation CIEN: This network technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.

Ciena Corporation Price and Consensus

Ciena Corporation price-consensus-chart | Ciena Corporation Quote

Strattec Security Corporation STRT: This automotive technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 19.3% over the last 60 days

Strattec Security Corporation Price and Consensus

Strattec Security Corporation price-consensus-chart | Strattec Security Corporation Quote

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

Zacks' Research Chief Picks Stock Most Likely to "At Least Double"

Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.

See Our Top Stock to Double (Plus 4 Runners Up) >>

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

Ciena Corporation (CIEN): Free Stock Analysis Report

BHP Group Limited Sponsored ADR (BHP): Free Stock Analysis Report

Canadian Imperial Bank of Commerce (CM): Free Stock Analysis Report

Strattec Security Corporation (STRT): Free Stock Analysis Report

Drilling Tools International Corp. (DTI): Free Stock Analysis Report

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

Zacks Investment Research