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Many investors know that screening is a very powerful way to find the best stocks, but creating your own screens can be difficult and time consuming. However, with Zacks Premium Screens, finding the best stocks is just a few clicks away.
To show just how easy it can be, I have used on of Zacks Premium Screens, named the “Undervalued Zacks #1 Rank Stocks” screen. Though they are already implemented for you, the parameters of this screen is that the stocks must be a Zacks Rank #1 (Strong Buy) stock, a stock price over $5, average trading volume over 100,000, a price to equity ratio under 20, and a price to sales ratio under 1.
This screen’s stocks are all solid investment opportunities that provide investors with a good “bang for their buck”. In today’s market, the average price to earnings ratio is around 20, which means these stocks are all considered cheaper to most stocks available.
Below are three of the stocks the “Undervalued Zacks #1 Rank Stocks” Premium Screen produced, which all have top Zacks Ranks, PE ratios under 20, a price to sales ratio under 1, and other attributes that make them solid choices for potential investment:
Anixter International Inc.
Anixter International Inc. is a leading global distributor of communication products used in building enterprise and service provider data, voice, and video networks. In addition, Anixter is a leading distributor of specialty wire and cable products to original equipment manufacturers and to industrial companies for maintenance and repair options.
Anixter is a Zacks Rank #1 (Strong Buy) stock, and operates in a top-ranked industry according to Zacks, coming in the top 7% of all industries. The company has a PE ratio of 12.40, a price to sales ratio of .26, and cash flow per share of 5.68, all of which help to earn Anixter an A Value Style Score.
Anixter is a stock that not only provides good value, but also is projected for solid growth moving forward. The company is projected to grow sales by nearly 22% this year, and its earnings are projected to grow by almost 20% this year. Analysts have become more bullish on the stock lately as well, with 3 upward EPS estimate revisions in the last 60 days for the current year. Anixter’s EPS estimate for the year stands at 4.82, much higher than the estimate 60 days ago of 4.31.
ACCO Brands Inc. is a world leader in branded office products. Its industry-leading brands include Swingline, Kensington, Wilson Jones, Quartet, GBC, and Day-Timer, among others. The company’s stock is a Zacks Rank #1 (Strong Buy), and also operates in a highly ranked industry by Zacks. Ranked as the 2nd industry out of 265, the office supplies/forms industry is ranked in the top 1% of all industries.
ACCO also has an A for its Value Style Score, with a PE ratio of 12.83, a price to sales ratio of .73, and an earnings yield of 7.79%. It also has a B for its Growth Style Score, which can be attributed to projected sales growth of 1.29% this year, projected earnings growth of 4.70% this year, and a net margin of 6.44%.
Analysts have become more bullish on ACCO as well, with 3 upward estimate revisions for the current year, pushing the estimate from .76 60 days ago up to the current figure of .82. It also should be noted that the company has beaten on earnings estimates in each of the last 4 quarters, by an impressive average of 32.08%.
Dean Foods Company
The Dean Foods Co. is the nation’s leading processor and distributor of fresh milk and other dairy products, and a leader in the specialty foods industry. The company produces a full line of company-branded and private label dairy products such as milk and milk-based beverages, ice cream, coffee creamers, and sour cream, among several others.
A fellow Zacks Rank #1 (Strong Buy) stock, Dean Foods also operates in a top-ranked industry, coming in the top 7% of all industries ranked by Zacks. The company also owns an A Value Style Score, in large part to a low PE ratio of 11.66, a price to sales ratio of .22, and cash flow per share of 3.20.
Dean Foods also owns an A for its Growth Style Score, which can be attributed to projected earnings growth of 24.66% this year, return on equity of 20.60%, and current cash flow growth of 93.18%. There has been a great deal of positive estimate revision activity from analysts lately too, with 5 analysts raising their estimates for the current year in the last 60 days. This has pushed the current year’s estimate up to 1.53 from the previous estimate of 1.34 60 days ago.
Bottom Line
As the three stocks above show, the capabilities of the Zacks Premium Stocks offer top stock investment options with just a few clicks. The screens are already made for investors, all they have to do is choose the screen they wish to use, whether it be for undervalued Zacks Rank #1 stocks like these, or for stocks that the multitude of other screens can help investors find.
Image: Bigstock
3 Undervalued Zacks Strong Buy Stocks
Many investors know that screening is a very powerful way to find the best stocks, but creating your own screens can be difficult and time consuming. However, with Zacks Premium Screens, finding the best stocks is just a few clicks away.
To show just how easy it can be, I have used on of Zacks Premium Screens, named the “Undervalued Zacks #1 Rank Stocks” screen. Though they are already implemented for you, the parameters of this screen is that the stocks must be a Zacks Rank #1 (Strong Buy) stock, a stock price over $5, average trading volume over 100,000, a price to equity ratio under 20, and a price to sales ratio under 1.
This screen’s stocks are all solid investment opportunities that provide investors with a good “bang for their buck”. In today’s market, the average price to earnings ratio is around 20, which means these stocks are all considered cheaper to most stocks available.
Below are three of the stocks the “Undervalued Zacks #1 Rank Stocks” Premium Screen produced, which all have top Zacks Ranks, PE ratios under 20, a price to sales ratio under 1, and other attributes that make them solid choices for potential investment:
Anixter International Inc.
Anixter International Inc. is a leading global distributor of communication products used in building enterprise and service provider data, voice, and video networks. In addition, Anixter is a leading distributor of specialty wire and cable products to original equipment manufacturers and to industrial companies for maintenance and repair options.
Anixter is a Zacks Rank #1 (Strong Buy) stock, and operates in a top-ranked industry according to Zacks, coming in the top 7% of all industries. The company has a PE ratio of 12.40, a price to sales ratio of .26, and cash flow per share of 5.68, all of which help to earn Anixter an A Value Style Score.
Anixter is a stock that not only provides good value, but also is projected for solid growth moving forward. The company is projected to grow sales by nearly 22% this year, and its earnings are projected to grow by almost 20% this year. Analysts have become more bullish on the stock lately as well, with 3 upward EPS estimate revisions in the last 60 days for the current year. Anixter’s EPS estimate for the year stands at 4.82, much higher than the estimate 60 days ago of 4.31.
ACCO Brands Inc. (ACCO - Free Report)
ACCO Brands Inc. is a world leader in branded office products. Its industry-leading brands include Swingline, Kensington, Wilson Jones, Quartet, GBC, and Day-Timer, among others. The company’s stock is a Zacks Rank #1 (Strong Buy), and also operates in a highly ranked industry by Zacks. Ranked as the 2nd industry out of 265, the office supplies/forms industry is ranked in the top 1% of all industries.
ACCO also has an A for its Value Style Score, with a PE ratio of 12.83, a price to sales ratio of .73, and an earnings yield of 7.79%. It also has a B for its Growth Style Score, which can be attributed to projected sales growth of 1.29% this year, projected earnings growth of 4.70% this year, and a net margin of 6.44%.
Analysts have become more bullish on ACCO as well, with 3 upward estimate revisions for the current year, pushing the estimate from .76 60 days ago up to the current figure of .82. It also should be noted that the company has beaten on earnings estimates in each of the last 4 quarters, by an impressive average of 32.08%.
Dean Foods Company
The Dean Foods Co. is the nation’s leading processor and distributor of fresh milk and other dairy products, and a leader in the specialty foods industry. The company produces a full line of company-branded and private label dairy products such as milk and milk-based beverages, ice cream, coffee creamers, and sour cream, among several others.
A fellow Zacks Rank #1 (Strong Buy) stock, Dean Foods also operates in a top-ranked industry, coming in the top 7% of all industries ranked by Zacks. The company also owns an A Value Style Score, in large part to a low PE ratio of 11.66, a price to sales ratio of .22, and cash flow per share of 3.20.
Dean Foods also owns an A for its Growth Style Score, which can be attributed to projected earnings growth of 24.66% this year, return on equity of 20.60%, and current cash flow growth of 93.18%. There has been a great deal of positive estimate revision activity from analysts lately too, with 5 analysts raising their estimates for the current year in the last 60 days. This has pushed the current year’s estimate up to 1.53 from the previous estimate of 1.34 60 days ago.
Bottom Line
As the three stocks above show, the capabilities of the Zacks Premium Stocks offer top stock investment options with just a few clicks. The screens are already made for investors, all they have to do is choose the screen they wish to use, whether it be for undervalued Zacks Rank #1 stocks like these, or for stocks that the multitude of other screens can help investors find.
To use more than 45 predefined screens strategically created to find the best stocks — and access even more proven tools and resources — start your free 30-day trial to Zacks Premium.