Best Value Stocks to Buy for November 2nd

ADM PBF MFIN

Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 2nd:

PBF Energy Inc. (PBF - Free Report) : This company that engages in refining and supplying petroleum products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.4% over the last 60 days.

PBF has a price-to-earnings ratio (P/E) of 2.09, compared with 6.50 for the industry. The company possesses a Value Score  of A.

 

 

 

Medallion Financial Corp. (MFIN - Free Report) : This financing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days.

Medallion has a price-to-earnings ratio (P/E) of 4.98, compared with 9.10 for the industry. The company possesses a Value Score of A.

Archer-Daniels-Midland Company (ADM - Free Report) : This agricultural commodities and ingredients company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.2% over the last 60 days.

Archer-Daniels-Midland has a price-to-earnings ratio (P/E) of 13.49, compared with 37.10 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.

Free Report: Must-See Energy Stocks for 2023

Record profits at oil companies can mean big gains for you. With soaring demand and elevated prices, oil stocks could be top performers by far in 2023. Zacks has released a special report revealing the 4 oil stocks experts believe will deliver the biggest gains. (You’ll never guess Stock #2!) 

Download Oil Market on Fire today, absolutely free.