New Strong Buy Stocks for August 21st

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

Mercury General Corporation MCY: This automobile-focused property and casualty insurer from the United States has seen the Zacks Consensus Estimate for its current year earnings increasing 12% over the last 60 days.

Assembly Biosciences, Inc. ASMB: This clinical-stage biotechnology company has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.

Onto Innovation Inc. ONTO: This manufacturer of process control tools for optical metrology has seen the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days.

Bassett Furniture Industries, Incorporated BSET: This home furnishings company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.2% over the last 60 days.

UnitedHealth Group Incorporated UNH: This healthcare company has seen the Zacks Consensus Estimate for its current year earnings increasing 7.5% over the last 60 days.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Beyond Nvidia: AI's Second Wave Is Here

The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.

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This article originally published on Zacks Investment Research (zacks.com).

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