Best Income Stocks to Buy for January 2nd

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 2nd:

Plains All American Pipeline PAA: This master limited partnership (MLP) company, which is involved in the transportation, storage, terminalling and marketing of crude oil, natural gas, natural gas liquids (NGL) and refined products in the U.S. and Canada, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

Plains All American Pipeline, L.P. Price and Consensus

Plains All American Pipeline, L.P. price-consensus-chart | Plains All American Pipeline, L.P. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 8.5%, compared with the industry average of 6.3%.

Plains All American Pipeline, L.P. Dividend Yield (TTM)

Plains All American Pipeline, L.P. dividend-yield-ttm | Plains All American Pipeline, L.P. Quote

The Gap GAP: This company, which is a premier international specialty retailer offering a diverse range of clothing, accessories, and personal care products, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.9% over the last 60 days.

The Gap, Inc. Price and Consensus

The Gap, Inc. price-consensus-chart | The Gap, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 2.6%, compared with the industry average of 0.0%.

The Gap, Inc. Dividend Yield (TTM)

The Gap, Inc. dividend-yield-ttm | The Gap, Inc. Quote

Analog Devices ADI: This mining company, which is an original equipment manufacturer of semiconductor devices, specifically, analog, mixed signal and digital signal processing (DSP) integrated circuits, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.3% over the last 60 days.

Analog Devices, Inc. Price and Consensus

Analog Devices, Inc. price-consensus-chart | Analog Devices, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 1.4%, compared with the industry average of 0.0%.

Analog Devices, Inc. Dividend Yield (TTM)

Analog Devices, Inc. dividend-yield-ttm | Analog Devices, Inc. Quote

See the full list of top ranked stocks here.

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

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