Best Income Stocks to Buy for Oct. 29th

By: Alex Freidmen

Here are three stocks with buy rank and strong income characteristics for investors to consider today, Oct. 29th:

Edison International EIX: This investor-owned public utility company which, is primarily engaged in the business of supplying electricity to an approximately 50,000 square-mile area of Southern California, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.

Edison International Price and Consensus

Edison International Price and Consensus

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Edison International price-consensus-chart | Edison International Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 5.8%, compared with the industry average of 3.1%.

Edison International Dividend Yield (TTM)

Edison International Dividend Yield (TTM)

Edison International dividend-yield-ttm | Edison International Quote

Horizon Bancorp IN HBNC: This bank holding company which, is engaged as a full-service commercial bank offering a broad range of commercial and retail banking services, corporate and individual trust and agency services, commercial and personal property and casualty insurance services and other services incident to banking, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.7% over the last 60 days.

Horizon Bancorp (IN) Price and Consensus

Horizon Bancorp (IN) Price and Consensus

Horizon Bancorp (IN) price-consensus-chart | Horizon Bancorp (IN) Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 3.9%, compared with the industry average of 2.7%.

Horizon Bancorp (IN) Dividend Yield (TTM)

Horizon Bancorp (IN) Dividend Yield (TTM)

Horizon Bancorp (IN) dividend-yield-ttm | Horizon Bancorp (IN) Quote

Seagate Technology STX: This company which, is engaged in the provision of data storage technology and infrastructure solutions in Singapore, United States, Netherlands, and internationally, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.4% over the last 60 days.

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Seagate Technology Holdings PLC Price and Consensus

Seagate Technology Holdings PLC Price and Consensus

Seagate Technology Holdings PLC price-consensus-chart | Seagate Technology Holdings PLC Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 1.3%, compared with the industry average of 0.0%.

Seagate Technology Holdings PLC Dividend Yield (TTM)

Seagate Technology Holdings PLC Dividend Yield (TTM)

Seagate Technology Holdings PLC dividend-yield-ttm | Seagate Technology Holdings PLC Quote

 

See the full list of top ranked stocks here.

 

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

#1 Semiconductor Stock to Buy (Not NVDA)

The incredible demand for data is fueling the market’s next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.

One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don’t build. It’s just beginning to enter the spotlight, which is exactly where you want to be.

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Edison International (EIX) : Free Stock Analysis Report

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

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