Top Ranked Income Stocks to Buy for July 24th

Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 24th:

Ashford Hospitality Prime, Inc. (AHP): This real estate investment trust has witnessed the Zacks Consensus Estimate for its current year earnings rising 0.6% over the last 60 days.

Ashford Hospitality Prime, Inc. Price and Consensus

Ashford Hospitality Prime, Inc. Price and Consensus | Ashford Hospitality Prime, Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 5.93%, compared with the industry average of 4.20%. Its five-year average dividend yield is 2.64%.

Ashford Hospitality Prime, Inc. Dividend Yield (TTM)

Ashford Hospitality Prime, Inc. Dividend Yield (TTM) | Ashford Hospitality Prime, Inc. Quote

Best Buy Co., Inc. (BBY): This retailer of technology products has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.3% over the last 60 days.

Best Buy Co., Inc. Price and Consensus

Best Buy Co., Inc. Price and Consensus | Best Buy Co., Inc. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 2.51%, compared with the industry average of 0.46%. Its five-year average dividend yield is 2.8%.

Best Buy Co., Inc. Dividend Yield (TTM)

Best Buy Co., Inc. Dividend Yield (TTM) | Best Buy Co., Inc. Quote

Caterpillar Inc. (CAT): This energy company has witnessed the Zacks Consensus Estimate for its current year earnings rising 5.1% over the last 60 days.

Caterpillar, Inc. Price and Consensus

Caterpillar, Inc. Price and Consensus | Caterpillar, Inc. Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 2.93%, compared with the industry average of 0.75%. Its five-year average dividend yield is 3.14%.

Caterpillar, Inc. Dividend Yield (TTM)

Caterpillar, Inc. Dividend Yield (TTM) | Caterpillar, Inc. Quote

Fastenal Company (FAST): This wholesale distributor of industrial supplies has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days.

Fastenal Company Price and Consensus

Fastenal Company Price and Consensus | Fastenal Company Quote

This Zacks Rank #2 (Buy) company has a dividend yield of 3.02%, compared with the industry average of 0.00%. Its five-year average dividend yield is 2.31%.

Fastenal Company Dividend Yield (TTM)

Fastenal Company Dividend Yield (TTM) | Fastenal Company Quote

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens.

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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Fastenal Company (FAST) : Free Stock Analysis Report
 
Caterpillar, Inc. (CAT) : Free Stock Analysis Report
 
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