We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Zacks Value Investor Highlights: Bassett Furniture, Echo Global Logistics, Ford, General Motors and Schneider National
Read MoreHide Full Article
For Immediate Release
Chicago, IL – July 16, 2021 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
5 Stocks That Are Still Dirt Cheap
Welcome to Episode #243 of the Value Investor Podcast
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
With the major indexes again hitting new all-time highs, value investors are wondering, are there any cheap stocks?
It's time to screen for classic value stocks and find out.
How to Screen for Classic Value Stocks
Classic value stocks are those that have solid value fundamentals like low price-to-earnings and price-to-book ratios.
These would be stocks that are old-school value, such that Benjamin Graham and Warren Buffett would have been interested in them.
This screen includes looking at the P/E, P/B, P/S ratios along with P/Cash Flow and PEG.
For an extra dose of valueness, you can add the Zacks Style Score for Value of A or B, both of which are the highest score.
Additionally, to get rising earnings estimates, you can screen for Zacks Rank #1 (Strong Buy) and #2 (Buy) stocks.
Running this screen, you get 19 stocks.
That's a lot of value stocks at a time when the big cap indexes are at new highs.
5 Dirt Cheap Stocks Right Now
1. Bassett Furniture (BSET - Free Report) reported a strong second quarter with sales up 94% year-over-year and 15% over 2019. Shares are up 257% over the last year. Yet this furniture maker remains dirt cheap with a forward P/E of just 11.7 and a price-to-sales ratio of 0.5. Is there more gas left in the tank?
2. Echo Global Logistics saw first quarter revenue rise 45.3% and raised full year revenue growth projections. It's about to report its second quarter. Will it see more of the same? Shares have fallen about 10% in the last 3 months making the shares even cheaper. It has a PEG ratio of just 0.77.
3. Ford (F - Free Report) has soared 137% in the last year but remains cheap. This Zacks Rank #2 (Buy) has a P/S ratio of just 0.5 and a P/B ratio of 1.7. Both indicate that the company is undervalued.
4. General Motors (GM - Free Report) is also cheap even though its shares are up big in the last year as well, gaining 136%. This Zacks Rank #1 (Strong Buy) has a forward P/E of just 9.3 and a P/S of 0.7.
5. Schneider National (SNDR - Free Report) has actually fallen 14.4% over the last 3 months. This trucking, intermodal and logistics company is getting even cheaper as it has a forward P/E of just 12.8 and a PEG ratio of 0.9. A PEG under 1.0 usually indicates a company has both growth and value, a rare combination.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Zacks Value Investor Highlights: Bassett Furniture, Echo Global Logistics, Ford, General Motors and Schneider National
For Immediate Release
Chicago, IL – July 16, 2021 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
5 Stocks That Are Still Dirt Cheap
Welcome to Episode #243 of the Value Investor Podcast
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
With the major indexes again hitting new all-time highs, value investors are wondering, are there any cheap stocks?
It's time to screen for classic value stocks and find out.
How to Screen for Classic Value Stocks
Classic value stocks are those that have solid value fundamentals like low price-to-earnings and price-to-book ratios.
These would be stocks that are old-school value, such that Benjamin Graham and Warren Buffett would have been interested in them.
This screen includes looking at the P/E, P/B, P/S ratios along with P/Cash Flow and PEG.
For an extra dose of valueness, you can add the Zacks Style Score for Value of A or B, both of which are the highest score.
Additionally, to get rising earnings estimates, you can screen for Zacks Rank #1 (Strong Buy) and #2 (Buy) stocks.
Running this screen, you get 19 stocks.
That's a lot of value stocks at a time when the big cap indexes are at new highs.
5 Dirt Cheap Stocks Right Now
1. Bassett Furniture (BSET - Free Report) reported a strong second quarter with sales up 94% year-over-year and 15% over 2019. Shares are up 257% over the last year. Yet this furniture maker remains dirt cheap with a forward P/E of just 11.7 and a price-to-sales ratio of 0.5. Is there more gas left in the tank?
2. Echo Global Logistics saw first quarter revenue rise 45.3% and raised full year revenue growth projections. It's about to report its second quarter. Will it see more of the same? Shares have fallen about 10% in the last 3 months making the shares even cheaper. It has a PEG ratio of just 0.77.
3. Ford (F - Free Report) has soared 137% in the last year but remains cheap. This Zacks Rank #2 (Buy) has a P/S ratio of just 0.5 and a P/B ratio of 1.7. Both indicate that the company is undervalued.
4. General Motors (GM - Free Report) is also cheap even though its shares are up big in the last year as well, gaining 136%. This Zacks Rank #1 (Strong Buy) has a forward P/E of just 9.3 and a P/S of 0.7.
5. Schneider National (SNDR - Free Report) has actually fallen 14.4% over the last 3 months. This trucking, intermodal and logistics company is getting even cheaper as it has a forward P/E of just 12.8 and a PEG ratio of 0.9. A PEG under 1.0 usually indicates a company has both growth and value, a rare combination.
What else should you know about cheap stocks?
Tune into this week's podcast to find out.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com/performance
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.