AllPennyStocks.com Best Income Stocks to Buy for August 26th
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Best Income Stocks to Buy for August 26th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 26:

MGIC Investment Corporation MTG: This mortgage insurance company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 2.2%, compared with the industry average of 1.8%.

United Microelectronics Corporation UMC: This semiconductor wafer foundry has witnessed the Zacks Consensus Estimate for its current year earnings increasing 75.7% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 0.0%.

Richardson Electronics, Ltd. RELL: This company that engages in the power and microwave technologies, customized display solutions, and healthcare has witnessed the Zacks Consensus Estimate for its current year earnings increasing 30.8% over the last 60 days.

This Zacks Rank #1 company has a dividend yield of 1.4%, compared with the industry average of 0.6%.

 

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

 

Find more top income stocks with some of our great premium screens.

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.

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MGIC Investment Corporation (MTG): Free Stock Analysis Report
 
Richardson Electronics, Ltd. (RELL): Free Stock Analysis Report
 
United Microelectronics Corporation (UMC): Free Stock Analysis Report

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

Zacks Investment Research

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