Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 3rd:
GATX Corporation (GATX): This global railcar lessor has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 0.9% over the last 60 days.
GATX’s has a price-to-earnings ratio (P/E) of 12.99, compared with 17.20 for the industry. The company possesses a Value Score of A.
Conduent Inc (CNDT): This business process services company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 1.3% over the last 60 days.
Conduent’s has a price-to-earnings ratio (P/E) of 21.31, compared with 21.90 for the industry. The company possesses a Value Score of A.
Owens-Illinois Inc (NYSE:OI) (OI): This manufacturer of glass container productshas a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 3.3% over the last 60 days.
Owens-Illinois’s has a price-to-earnings ratio (P/E) of 8.71, compared with 10.70 for the industry. The company possesses a Value Score of A.
ArcelorMittal SA (MT): This major steel and mining companyhas a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 11% over the last 60 days.
ArcelorMittal’s has a price-to-earnings ratio (P/E) of 8.68, compared with 15.20 for the industry. The company possesses a Value Score of A.
See the full list of top ranked stocks here
Learn more about the Value score and how it is calculated here
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
Owens-Illinois, Inc. (OI): Free Stock Analysis Report
ArcelorMittal (MT): Free Stock Analysis Report
GATX Corporation (GATX): Free Stock Analysis Report
Conduent Inc. (CNDT): Free Stock Analysis Report
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