Three companies have been added to the Zacks Rank #5 (Strong Sell) List: Reckitt Benckiser Group plc (RBGLY), South32 Limited (SOUHY), and Sunrise Realty Trust, Inc. (SUNS). Reckitt’s earnings estimate has been revised downward by 11.4% over the last 60 days, South32’s by 6.4%, and Sunrise’s by 6.5%.
The global semiconductor market is projected to grow from $452 billion in 2021 to $971 billion by 2028, driven by increasing demand for artificial intelligence and IoT technologies. An under-the-radar company specializing in unique semiconductor products is positioned to capitalize on this growth, as it begins to gain visibility in the market.
