Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 2nd:
Alexander's ALX: This real estate investment trust which is engaged in leasing, managing, developing and redeveloping properties, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.3% over the last 60 days.
This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8%, compared with the industry average of 5.2%.
Horace Mann Educators HMN: This multiline insurance holding company that targets the US educator markets, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.6% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 3.2%, compared with the industry average of 1.8%.
Eastern Bankshares EBC: This commercial banking products and services company which primarily serves to retail, commercial and small business customers, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 3.4% over the last 60 days.
This Zacks Rank #1 company has a dividend yield of 3.2%, compared with the industry average of 2.9%.
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>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
Horace Mann Educators Corporation (HMN): Free Stock Analysis Report
Alexander's, Inc. (ALX): Free Stock Analysis Report
Eastern Bankshares, Inc. (EBC): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).