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New Strong Buy Stocks for May 31st

Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:

58.com Inc. (WUBA): This company that operates various multi-category online classifieds platforms and vertical listing platforms has seen the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.

58.com Inc. Price and Consensus

 

58.com Inc. Price and Consensus
58.com Inc. Price and Consensus

58.com Inc. price-consensus-chart | 58.com Inc. Quote

Arbor Realty Trust, Inc. (ABR): This company that invests in a diversified portfolio of structured finance assets has seen the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.

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Arbor Realty Trust Price and Consensus

 

Arbor Realty Trust Price and Consensus
Arbor Realty Trust Price and Consensus

Arbor Realty Trust price-consensus-chart | Arbor Realty Trust Quote

Rio Tinto Group (RIO): This company that engages in finding, mining, and processing mineral resources has seen the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.

Rio Tinto PLC Price and Consensus

 

Rio Tinto PLC Price and Consensus
Rio Tinto PLC Price and Consensus

Rio Tinto PLC price-consensus-chart | Rio Tinto PLC Quote

Transcat, Inc. (TRNS): This company that provides calibration and laboratory instrument services has seen the Zacks Consensus Estimate for its current year earnings increasing almost 2% over the last 60 days.

Transcat, Inc. Price and Consensus

 

Transcat, Inc. Price and Consensus
Transcat, Inc. Price and Consensus

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

Altair Engineering Inc. (ALTR): This company that provides software and cloud solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.

Altair Engineering Inc. Price and Consensus

 

Altair Engineering Inc. Price and Consensus
Altair Engineering Inc. Price and Consensus

Altair Engineering Inc. price-consensus-chart | Altair Engineering Inc. Quote

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

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58.com Inc. (WUBA) : Free Stock Analysis Report
 
Transcat, Inc. (TRNS) : Free Stock Analysis Report
 
Rio Tinto PLC (RIO) : Free Stock Analysis Report
 
Altair Engineering Inc. (ALTR) : Free Stock Analysis Report
 
Arbor Realty Trust (ABR) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research