New Strong Buy Stocks for September 2nd: Rush Street Interactive, Udemy, Envista, Dorman Products, and CF Bankshares Added to Zacks Rank #1 List

Rush Street Interactive, Udemy, Envista, Dorman Products, and CF Bankshares have been added to the Zacks Rank #1 (Strong Buy) List today. The Zacks Consensus Estimate for their current year earnings has increased by 12.5%, 9.3%, 8.7%, 7.7%, and 6.4% respectively over the last 60 days. These companies offer diversified portfolios and have shown positive growth.

Today, five companies have been added to the Zacks Rank #1 (Strong Buy) List, reflecting significant upward trends in their earnings estimates over the last 60 days. These companies are Rush Street Interactive, Udemy, Envista, Dorman Products, and CF Bankshares. Each company has shown positive growth and offers diversified portfolios, making them attractive investment opportunities for investors and financial professionals.

Rush Street Interactive, Udemy, Envista, Dorman Products, and CF Bankshares have experienced increases in their Zacks Consensus Estimate for their current year earnings by 12.5%, 9.3%, 8.7%, 7.7%, and 6.4% respectively over the last 60 days. These upward trends in earnings estimates suggest an improving business outlook for each company, which could positively impact their stock prices in the near term.

The Zacks Rank system, which uses four factors related to earnings estimates to classify stocks into five groups, has an impressive track record. Since 1988, Zacks Rank #1 stocks have generated an average annual return of +25% [1]. The addition of these five companies to the Zacks Rank #1 list indicates their superior earnings estimate revision features, making them solid candidates for producing market-beating returns in the near term.

Investors and financial professionals should closely monitor the progress of these companies as they navigate their improving business trends and maintain their strong earnings growth trajectories. The upward trends in earnings estimates for these companies suggest a positive outlook for their stock prices, making them worthy of consideration for investment portfolios.

References:
[1] https://www.nasdaq.com/articles/all-you-need-know-about-consensus-cloud-solutions-ccsi-rating-upgrade-buy
[2] https://www.ainvest.com/news/lumentum-holdings-positioned-growth-ai-optics-eml-technology-diversified-portfolio-2508-5/
[3] https://finance.yahoo.com/news/ralph-lauren-rl-upgraded-strong-160002286.html