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Ocwen Financial and Amkor are Aggressive Growth Rank Buys
Brian Bolan, the Aggressive Growth Stock Strategist at Zacks takes a look at two stocks that were just made Zacks Rank #1 (Strong Buy). Brian flies solo this week and takes a look at the earnings estimate revisions for Ocwen Financial, a player in the mortgage space. This stock might be seeing some negative impact from the Fed hiking interest rates, but Brian notes that the actual dollar amount movements are going to be pretty small for the 0.25% hike.
As a chip stock, AMKR has been looking good all year. Brian takes a look at the earnings estimates and a solid chart for this pick. Other big chip names like Intel (INTC) and Nvidia (NVDA) grab a lot of the headlines, but this name is worth a deeper look.
The Best & Worst of Zacks
Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>