Three Stocks Added to Zacks Strong Sell List Today
The following companies have recently been added to the Zacks Rank #5 (Strong Sell) List:
Fortress Biotech (FBIO)
Fortress Biotech, a biopharmaceutical company, specializes in acquiring, developing, and commercializing innovative pharmaceutical and biotechnology products. Over the past 60 days, the Zacks Consensus Estimate for its current year earnings has decreased by 33.6%.
AFC Gamma (AFCG)
AFC Gamma is a commercial real estate finance company. In the last two months, the Zacks Consensus Estimate for its current year earnings has been revised down by nearly 19.5%.
Horizon Technology Finance (HRZN)
Horizon Technology Finance is a closed-end investment company that makes secured loans to development-stage companies across sectors such as technology, life science, healthcare information and services, and cleantech industries. The Zacks Consensus Estimate for its current year earnings has been lowered by 15.3% over the past 60 days.
For a complete view of the Zacks Rank #5 List, please refer to the detailed listings.
Market Insights on Semiconductor Stocks
In the semiconductor sector, one company has been highlighted as a top stock with significant potential. Despite being only 1/9,000th the size of NVIDIA, which has seen an over 800% increase since our recommendation, this new stock is positioned for substantial growth. Strong earnings growth and an expanding customer base underscore its readiness to meet the increasing demand in fields such as Artificial Intelligence, Machine Learning, and the Internet of Things. Global semiconductor manufacturing is expected to surge from $452 billion in 2021 to $803 billion by 2028.
Investment Reports Available
Check out the following free stock analysis reports:
- Horizon Technology Finance Corporation (HRZN)
- Fortress Biotech, Inc. (FBIO)
- AFC Gamma Inc. (AFCG)
This article was published on Zacks Investment Research. The views expressed herein are solely those of the author and may not reflect the opinions of Nasdaq, Inc.
