New Strong Buy Stocks for August 5th

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

Fortinet, Inc. FTNT: This company that provides broad, integrated, and automated cybersecurity solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Fortinet, Inc. Price and Consensus

Fortinet, Inc. price-consensus-chart | Fortinet, Inc. Quote

Ameriprise Financial, Inc. AMP: This financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing nearly 6% over the last 60 days.

Ameriprise Financial, Inc. Price and Consensus

Ameriprise Financial, Inc. price-consensus-chart | Ameriprise Financial, Inc. Quote

Amazon.com, Inc. AMZN: This online retail giant has seen the Zacks Consensus Estimate for its current year earnings increasing 34.2% over the last 60 days.

Amazon.com, Inc. Price and Consensus

Amazon.com, Inc. price-consensus-chart | Amazon.com, Inc. Quote

Valero Energy Corporation VLO: This transportation fuels and petrochemical products company has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.

Valero Energy Corporation Price and Consensus

Valero Energy Corporation price-consensus-chart | Valero Energy Corporation Quote

Aperam S.A. APEMY: This stainless steel and alloy products company has seen the Zacks Consensus Estimate for its current year earnings increasing 12.2% over the last 60 days.

Aperam Price and Consensus

Aperam price-consensus-chart | Aperam Quote

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

Research Chief Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

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Amazon.com, Inc. (AMZN): Free Stock Analysis Report

Valero Energy Corporation (VLO): Free Stock Analysis Report

Ameriprise Financial, Inc. (AMP): Free Stock Analysis Report

Fortinet, Inc. (FTNT): Free Stock Analysis Report

Aperam (APEMY): Free Stock Analysis Report

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

Zacks Investment Research