Best Income Stocks to Buy for January 24th

Zacks Equity Research

24 January 2024 at 4:19 am·2-min read

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 24:

Canadian Imperial Bank of Commerce CM: This company which provides various financial products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8% the last 60 days.

Canadian Imperial Bank of Commerce Price and Consensus

Canadian Imperial Bank of Commerce price-consensus-chart | Canadian Imperial Bank of Commerce Quote

This Zacks Rank #1 company has a dividend yield of 5.7%, compared with the industry average of 4.1%.

Canadian Imperial Bank of Commerce Dividend Yield (TTM)

Canadian Imperial Bank of Commerce dividend-yield-ttm | Canadian Imperial Bank of Commerce Quote

Owens Corning OC: This building materials company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.9% the last 60 days.

Owens Corning Inc Price and Consensus

Owens Corning Inc price-consensus-chart | Owens Corning Inc Quote

This Zacks Rank #1 company has a dividend yield of 1.6%, compared with the industry average of 0.0%.

Owens Corning Inc Dividend Yield (TTM)

Owens Corning Inc dividend-yield-ttm | Owens Corning Inc Quote

Telefonaktiebolaget LM Ericsson (publ) ERIC: This telecommunications solutions provider has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6.8% the last 60 days.

Ericsson Price and Consensus

Ericsson price-consensus-chart | Ericsson Quote

This Zacks Rank #1 company has a dividend yield of 2.8%, compared with the industry average of 0.0%.

Ericsson Dividend Yield (TTM)

Ericsson dividend-yield-ttm | Ericsson Quote

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