Back to top

Image: Bigstock

Top Ranked Value Stocks to Buy for May 3rd

Read MoreHide Full Article

Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 3rd:

GATX Corporation (GATX - Free Report) : 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 - Free Report) : 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 Inc. Price and Consensus

Conduent Inc. Price and Consensus | Conduent Inc. Quote

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 (OI - Free Report) : 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 - Free Report) : 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 Price and Consensus

ArcelorMittal Price and Consensus | ArcelorMittal Quote

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.

See This Ticker Free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


O-I Glass, Inc. (OI) - free report >>

ArcelorMittal (MT) - free report >>

GATX Corporation (GATX) - free report >>

Conduent Inc. (CNDT) - free report >>