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Zacks Value Investor Highlights: Steelcase, Manitowoc, American Eagle, Greenbrier, Honda

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For Immediate Release

Chicago, IL – February 5, 2024 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Rynie-c. 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/1865929/whats-working-in-2022-value-stocks)

5 Value-Stock Buying Opportunities

Welcome to Episode #357 of the Value Investor Podcast.

  • (0:45) - Finding Value Amid A Growth Market: Screener Criteria
  • (5:15) - Tracey’s Top Stock Picks For Your Watchlist
  • (19:00) - Episode Roundup: SCS, MTW, AEO, GBX, HMC
  •                 Podcast@Zacks.com

  Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

With growth stocks hitting new highs, are there any quality cheap value stocks?

You know there are. But how does an investor find them?

Use the Zacks Rank to Find Hidden Gems

If you just screen for cheap stocks, you will find dozens of companies. But finding the hidden gems, those that are growing their earnings, for example, takes another step.

Screen for stocks with the top Zacks Rank of #1 (Strong Buy). There are only about 240 companies with this highest Zacks Rank on any given day. These are the companies where analysts are revising the earnings estimates higher.

Screening for Zacks Strong Buy stocks with value criteria, like P/Es under 20 and P/S ratios under 1.0, produced a list of 36 companies.

5 Value Stock Buying Opportunities

1. Steelcase Inc. (SCS - Free Report)

Steelcase manufactures furnishings and solutions for work. It is a small cap company with a market cap of $1.5 billion.

Shares of Steelcase are up 65% over the last year but it remains cheap. Steelcase has a P/S ratio of just 0.5. A P/S ratio under 1.0 usually indicates a company has value. It also pays a dividend, yielding 3.1%.

Should Steelcase be on your value stock short list?

2. The Manitowoc Co. Inc. (MTW - Free Report)

The Manitowoc Company was founded in 1902 and provides engineered lift solutions including cranes. It is a small cap company with a market cap of just $581 million.

Shares of The Manitowoc Company are up 17.5% over the last year. It is cheap with a forward P/E of 10.5. The Manitowoc Company does not pay a dividend.

Are small cap companies like The Manitowoc Company the place to find hidden gems?

3. American Eagle Outfitters, Inc. (AEO - Free Report)

American Eagle Outfitters is a mid-cap specialty retailer with the American Eagle and Aerie brands. It sells in 80 countries.

Shares of American Eagle Outfitters are up 22.8% over the last year but it remains cheap with a forward P/E of 14.4.

American Eagle Outfitters pays a dividend, which it recently raised 25%. It is currently yielding 2.5%.

Should a retailer like American Eagle Outfitters be on your value stock short list?

4. The Greenbrier Companies, Inc. (GBX - Free Report)

The Greenbrier Companies is a manufacturer of railroad freight car equipment in North America and Europe. It is a small cap company with a market cap of just $1.4 billion.

Shares of Greenbrier are up 45.6% over the last year but it remains cheap with a P/S ratio of only 0.4. Greenbrier pays a dividend, currently yielding 2.6%.

Should a transportation company like Greenbrier be on your value stock short list?

5. Honda Motor Inc. (HMC - Free Report)

Honda Motor is the only large cap company on this list, with a market cap of $55.5 billion. Shares of the auto manufacturer were up 37% over the last year.

Yet Honda Motor remains dirt cheap with a forward P/E of just 8. It is also shareholder friendly with a dividend that is yielding 3.1%.

Should a cheap automaker like Honda Motor be on your value stock short list?

What Else Do You Need to Know About Cheap #1 Zacks Ranked Stocks?

Tune into this week’s podcast to find out.

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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.

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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.

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