Best Value Stocks to Buy for August 31st

STLA

Here are two stocks with buy rank and strong value characteristics for investors to consider today, August 31st:

Stellantis N.V. (STLA - Free Report) : This company that engages in the business of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, and production systems carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.6% over the last 60 days.

Stellantis has a price-to-earnings ratio (P/E) of 3.22, compared with 4.90 for the industry. The company possesses a  Value Score  of A.

 

 

 

Summit Financial Group, Inc. : This financial holding company for Summit Community Bank carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.

Summit Financial has a price-to-earnings ratio (P/E) of 6.32, compared with 10.10 for the industry. The company possesses a Value Score of B.

 

See the full list of top ranked stocks here.

 

Learn more about the Value score and how it is calculated here.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

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