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Zacks Value Trader Highlights: H&R Block, McKesson, Stride, TransAlta and Murphy USA
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For Immediate Release
Chicago, IL – July 15, 2022 – Zacks Value Trader 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: https://www.zacks.com/stock/news/1952556/5-value-stocks-near-their-52-week-highs)
5 Value Stocks Near Their 52-Week Highs
Welcome to Episode #289 of the Value Investor Podcast.
(1:00) - Value Stocks Are On The Rise
(7:30) - Stock Screener Criteria For Value Near All Time Highs
(11:25) - Tracey’s Top Stock Picks
(26:45) - Episode Roundup: HRB, MCK, LRN, TAC, MUSA
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.
Value has been outperforming growth in 2022. While some growth stocks are down as much as 80% this year, energy and agriculture had boosted value stock results until a month ago when they, too, slid.
Is there anywhere investors can find stocks that are actually higher this year?
Or are these creatures a myth?
Screening for Value Stocks Near 52-Week Highs
There's a screen on Zacks.com called "Value Stocks at 52-Week Highs" that has a Zacks Rank of #1 (Strong Buy) and #2 (Buy). For the "value" portion of the screen it uses a Zacks Value Style score of A, which is the highest style score.
It screened for stocks within 10% of the 52-week high.
Running the screen, it only returned...4 stocks.
Just 4 value stocks have the top Zacks Rank and are near their highs.
Additionally, Zacks has a screen that just looks for #1 Rank (Strong Buy) stocks near their highs. That screen returned...just 2 stocks.
Here are the 4 value stocks plus the bonus #1 Rank stock, which is also a value stock.
McKesson works with care providers, pharmacies and manufacturers to deliver the right medicines. Shares are up 31.3% year-to-date and are near the 52-week highs.
McKesson is also cheap, with a forward P/E of 14.4. It also pays a dividend, currently yielding 0.6%.
Murphy USA operates gas stations and convenience stores throughout the United States under the names Murphy USA, Murphy Express and QuickChek.
With gasoline prices surging, it's not surprising that investors have piled into the gas station stocks. Murphy USA is up 33.5% year-to-date and is trading at its 52-week high.
It's cheap with a forward P/E of 15. And Murphy USA pays a dividend, currently yielding 0.5%.
What Else Do You Need to Know About Value Stocks at New Highs?
Tune into this week's podcast to find out.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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/performancefor information about the performance numbers displayed in this press release.
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Zacks Value Trader Highlights: H&R Block, McKesson, Stride, TransAlta and Murphy USA
For Immediate Release
Chicago, IL – July 15, 2022 – Zacks Value Trader 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: https://www.zacks.com/stock/news/1952556/5-value-stocks-near-their-52-week-highs)
5 Value Stocks Near Their 52-Week Highs
Welcome to Episode #289 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.
Value has been outperforming growth in 2022. While some growth stocks are down as much as 80% this year, energy and agriculture had boosted value stock results until a month ago when they, too, slid.
Is there anywhere investors can find stocks that are actually higher this year?
Or are these creatures a myth?
Screening for Value Stocks Near 52-Week Highs
There's a screen on Zacks.com called "Value Stocks at 52-Week Highs" that has a Zacks Rank of #1 (Strong Buy) and #2 (Buy). For the "value" portion of the screen it uses a Zacks Value Style score of A, which is the highest style score.
It screened for stocks within 10% of the 52-week high.
Running the screen, it only returned...4 stocks.
Just 4 value stocks have the top Zacks Rank and are near their highs.
Additionally, Zacks has a screen that just looks for #1 Rank (Strong Buy) stocks near their highs. That screen returned...just 2 stocks.
Here are the 4 value stocks plus the bonus #1 Rank stock, which is also a value stock.
5 Value Stocks Near Their 52-Week Highs
1. H&R Block, Inc. (HRB - Free Report)
H&R Block, the global tax preparation business, is riding high in 2022. Shares are up 56.4% and are near their 52-week high.
H&R Block remains cheap despite the stock soaring. It has a forward P/E of 10 and a PEG ratio of 0.8.
H&R Block also pays a dividend, currently yielding 2.9%.
Is it too late to buy H&R Block?
2. McKesson Corp. (MCK - Free Report)
McKesson works with care providers, pharmacies and manufacturers to deliver the right medicines. Shares are up 31.3% year-to-date and are near the 52-week highs.
McKesson is also cheap, with a forward P/E of 14.4. It also pays a dividend, currently yielding 0.6%.
Should McKesson be on your short list?
3. Stride, Inc. (LRN - Free Report)
Stride is a learning company which has online and blended learnings solutions. On July 5, 2022, it was added to the S&P Small Cap 600 index.
Stride shares are up 21.3% year-to-date and are near their highs. In addition to being cheap, it also has growth, with a PEG ratio of 0.8.
Should Stride make your watch list?
4. TransAlta Corp. (TAC - Free Report)
TransAlta is a Canadian utility company operating in wind, solar, hydro and gas operating in Canada, US and Australia.
TransAlta shares are up just 4.3% year-to-date but that is near its 52-week high and outperforming the S&P 500 which is down nearly 20%.
It's not as cheap as the others, with a forward P/E of 18.1. Earnings are expected to soar 178% this year.
TransAlta pays a dividend, currently yielding 1.3%.
Should investors hide out in utility stocks like TransAlta this year?
5. Murphy USA Inc. (MUSA - Free Report)
Murphy USA operates gas stations and convenience stores throughout the United States under the names Murphy USA, Murphy Express and QuickChek.
With gasoline prices surging, it's not surprising that investors have piled into the gas station stocks. Murphy USA is up 33.5% year-to-date and is trading at its 52-week high.
It's cheap with a forward P/E of 15. And Murphy USA pays a dividend, currently yielding 0.5%.
What Else Do You Need to Know About Value Stocks at New Highs?
Tune into this week's podcast to find out.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
Follow us on Twitter: https://twitter.com/zacksresearch
Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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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/performancefor information about the performance numbers displayed in this press release.