Three Income Stocks That Made it to the Zacks Rank #1: HSNGY, HTBK, and TAP
On March 27, 2025, Zacks Investment Research published its latest list of income stocks with a Strong Buy (Zacks Rank #1) rating. Among the selected stocks were Hibbett Sports, Inc. (HSNGY), H&T Business Brokers Holdings, Ltd. (HTBK), and Tractor Supply Company (TAP). Let’s delve deeper into each company’s financials and industry landscape to understand why they made it to this coveted list.
1. Hibbett Sports, Inc. (HSNGY)
HSNGY is a leading athletic retailer in North America, operating over 1,100 stores under the Hibbett Sports, City Gear, and Sporting Goods Warehouse brands. The company reported a solid Q4 2024 earnings report, with revenue growing 5.7% YoY to $462.6 million and adjusted earnings per share (EPS) increasing 36.5% YoY to $1.18. Hibbett Sports’ strong performance can be attributed to its strategic focus on omnichannel growth and growing demand for activewear and footwear.
2. H&T Business Brokers Holdings, Ltd. (HTBK)
HTBK is a leading business brokerage firm in Australia, providing services to sellers and buyers of small to medium-sized businesses. The company’s Q4 2024 revenue grew 28.3% YoY to AUD 23.5 million, with net profit after tax increasing by 145.9% YoY to AUD 8.3 million. HTBK’s impressive growth can be attributed to the increasing number of business sales in Australia and its strategic acquisitions in the industry.
3. Tractor Supply Company (TAP)
TAP is a leading retailer of farm and rural lifestyle products in the United States, operating over 1,900 stores. The company reported strong Q4 2024 earnings, with revenue growing 12.2% YoY to $3.4 billion and adjusted EPS increasing 10.9% YoY to $2.61. Tractor Supply Company’s growth can be attributed to its focus on e-commerce and expanding product offerings, including the acquisition of Orchard Supply Hardware.
Impact on Individual Investors
For individual investors, the addition of these three companies to the Zacks Rank #1 list signifies strong growth potential. By investing in HSNGY, HTBK, and TAP, investors can benefit from their solid financials, expanding markets, and strategic growth initiatives.
Impact on the World
On a larger scale, the strong performance of these income stocks can have a positive impact on the global economy. Hibbett Sports’ focus on omnichannel growth and growing demand for activewear and footwear can contribute to the growth of the global athletic apparel market. HTBK’s role as a leading business brokerage firm in Australia can help fuel the growth of small to medium-sized businesses in the country, contributing to overall economic growth. Tractor Supply Company’s expansion into e-commerce and acquisition of Orchard Supply Hardware can contribute to the growth of the rural lifestyle and home improvement markets in the United States.
Conclusion
In conclusion, the addition of Hibbett Sports, Inc. (HSNGY), H&T Business Brokers Holdings, Ltd. (HTBK), and Tractor Supply Company (TAP) to the Zacks Rank #1 list signifies their strong financials, strategic growth initiatives, and expanding markets. For individual investors, investing in these income stocks can provide growth potential. On a larger scale, the positive impact of these companies on their respective industries and economies can contribute to overall economic growth.
- Hibbett Sports, Inc. (HSNGY): North American athletic retailer with a focus on omnichannel growth and expanding demand for activewear and footwear
- H&T Business Brokers Holdings, Ltd. (HTBK): Leading business brokerage firm in Australia, contributing to the growth of small to medium-sized businesses
- Tractor Supply Company (TAP): Leading retailer of farm and rural lifestyle products in the United States, expanding into e-commerce and acquiring Orchard Supply Hardware
