Best Value Stocks to Buy for August 16th

GM GPI CRBG

Here are two stocks with buy rank and strong value characteristics for investors to consider today, August 16:

Corebridge Financial, Inc. (CRBG - Free Report) : This company which provides retirement solutions and insurance products carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.

Corebridge has a price-to-earnings ratio (P/E) of 4.39, compared with 9.60 for the industry. The company possesses a Value Score of A.

General Motors Company (GM - Free Report) : This automobile company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.4% over the last 60 days.

General Motors has a price-to-earnings ratio (P/E) of 4.49 compared with 7.10 for the S&P 500. The company possesses a Value Score of A.

Group 1 Automotive, Inc. (GPI - Free Report) : This automotive retailers company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.

Group 1 has a price-to-earnings ratio (P/E) of 6.23 compared with 9.40 for the S&P 500. 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.

Top 5 ChatGPT Stocks Revealed

Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.

Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”

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