Five stocks have been added to the Zacks Rank #1 (Strong Buy) List as of July 17, 2024. Notable additions include Greenland Technologies (GTEC), which has seen a consensus earnings estimate increase of 18.2% for the current year; Virco Manufacturing (VIRC) with a 16.3% increase; and Hagerty (HGTY), with a 9.5% increase. Additionally, Snap (SNAP) reported a 4.4% rise in its earnings estimate, and Griffon (GFF) had a 4.2% increase.
Greenland Technologies specializes in drivetrain systems for material handling and electric vehicles. Virco Manufacturing designs and distributes furniture for educational and contract markets, while Hagerty focuses on automotive lifestyle and insurance for enthusiasts. Snap is known for its mobile application, Snapchat, and Griffon operates as a diversified management holding company.
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