Best Value Stocks to Buy for January 2nd

LWAY GLP NGD

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

Lifeway Foods, Inc. (LWAY - Free Report) : This probiotic products company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days.

Lifeway Foods has a price-to-earnings ratio (P/E) of 19.16, compared with 21.20 for the S&P 500. The company possesses a  Value Score  of B.

New Gold Inc. (NGD - Free Report) : This gold mining company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.

New Gold has a price-to-earnings ratio (P/E) of 13.90, compared with 21.20 for the S&P 500. The company possesses a Value Score of A.

Global Partners LP (GLP - Free Report) : This oil, gasoline and propane company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 13% over the last 60 days.

Global Partners has a price-to-earnings ratio (P/E) of 13.92, compared with 21.20 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.

Just Released: Zacks Top 10 Stocks for 2024

Hurry – you can still get in early on our 10 top tickers for 2024. Hand-picked by Zacks Director of Research, Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2023, the Zacks Top 10 Stocks gained +974.1%, nearly TRIPLING the S&P 500’s +340.1%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2024. You can still be among the first to see these just-released stocks with enormous potential.

See New Top 10 Stocks >>