U.S. Markets closed

Top Ranked Income Stocks to Buy for March 7th

Zacks Equity Research

Here are four stocks with Zacks Rank #1 (Strong Buy) and strong income characteristics for investors to consider today, March 7th:

Alliance Holdings GP, L.P. (AHGP) : This producer and seller of coal has seen the Zacks Consensus Estimate for its current year earnings soaring 37.6% over the last 60 days.

Alliance Holdings GP, L.P. Price and Consensus

 

Alliance Holdings GP, L.P. Price and Consensus | Alliance Holdings GP, L.P. Quote

The company has a dividend yield of 7.76%, compared with the industry average of 0%. Its five-year average dividend yield is 0.34%.

Alliance Holdings GP, L.P. Dividend Yield (TTM)

 

Alliance Holdings GP, L.P. Dividend Yield (TTM) | Alliance Holdings GP, L.P. Quote

Alliance Resource Partners LP (ARLP) : This producer and seller of coal has seen the Zacks Consensus Estimate for its current year earnings climbing 50.8% over the last 60 days.

Alliance Resource Partners, L.P. Price and Consensus

 

Alliance Resource Partners, L.P. Price and Consensus | Alliance Resource Partners, L.P. Quote

The company has a dividend yield of 7.9%, compared with the industry average of 0%. Its five-year average dividend yield is 0.1%.

Alliance Resource Partners, L.P. Dividend Yield (TTM)

 

Alliance Resource Partners, L.P. Dividend Yield (TTM) | Alliance Resource Partners, L.P. Quote

LPL Financial Holdings Inc. (LPLA) : This provider of an integrated platform of brokerage and investment advisory services has witnessed the Zacks Consensus Estimate for its current year earnings jumping 9.8% over the last 60 days.

LPL Financial Holdings Inc. Price and Consensus

 

LPL Financial Holdings Inc. Price and Consensus | LPL Financial Holdings Inc. Quote

The company has a dividend yield of 2.54%, compared with the industry average of 0%. Its five-year average dividend yield is 19.42%.

LPL Financial Holdings Inc. Dividend Yield (TTM)

 

LPL Financial Holdings Inc. Dividend Yield (TTM) | LPL Financial Holdings Inc. Quote

Western Digital Corporation (WDC) : This manufacturer and seller of data storage devices and solutions has witnessed the Zacks Consensus Estimate for its current year earnings jumping 26.2% over the last 60 days.

Western Digital Corporation Price and Consensus

 

Western Digital Corporation Price and Consensus | Western Digital Corporation Quote

The company has a dividend yield of 2.6%, compared with the industry average of 0%. Its five-year average dividend yield is 23.86%.

Western Digital Corporation Dividend Yield (TTM)

 

Western Digital Corporation Dividend Yield (TTM) | Western Digital Corporation Quote

See the full list of top ranked stocks here.

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

Now See All Our Private Trades                                                               

While today's Zacks Rank #1 new additions are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum  . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for all Zacks trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Western Digital Corporation (WDC): Free Stock Analysis Report
 
LPL Financial Holdings Inc. (LPLA): Free Stock Analysis Report
 
Alliance Resource Partners, L.P. (ARLP): Free Stock Analysis Report
 
Alliance Holdings GP, L.P. (AHGP): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research