Top Ranked Value Stocks to Buy for October 20th

FRO DAC

Here are three stocks with buy rank and strong value characteristics for investors to consider today, October 20th:

Danaos Corporation (DAC - Free Report) : This owner and operator of containerships has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising nearly 14% over the last 60 days.

Danaos Corporation has a price-to-earnings ratio (P/E) of 1.31, compared with 4.80 for the industry. The company possesses a Value Score of A.

Frontline Ltd. (FRO - Free Report) : This shipping company has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 13.3% over the last 60 days.

Frontline has a price-to-earnings ratio (P/E) of 2.49, compared with 4.80 for the industry. The company possesses a Value Score of A.

Cowen Inc. : This investment banking, research, sales and trading, prime brokerage provider has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 8.3% over the last 60 days.

Cowen has a price-to-earnings ratio (P/E) of 2.69, compared with 15.90 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>