The following stocks have been added to the Zacks Rank #1 (Strong Buy) List on July 14, 2023: Wipro Limited (WIT), KNOT Offshore Partners LP (KNOP), Penguin Solutions, Inc. (PENG), Eledon Pharmaceuticals, Inc. (ELDN), and KDDI Corporation (KDDIY). Each company has seen significant increases in Zacks Consensus Estimates for their current year earnings over the past 60 days.
Wipro Limited reported a 7.1% increase, KNOT Offshore Partners observed a 44.9% rise, Penguin Solutions had a 14.2% uptick, Eledon Pharmaceuticals saw a 23.8% growth, and KDDI Corporation experienced a 39.7% boost in estimates.
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