Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Axa (AXAHY - Free Report) . AXAHY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 8.27, which compares to its industry's average of 8.83. AXAHY's Forward P/E has been as high as 9.12 and as low as 6.47, with a median of 7.89, all within the past year.
Investors should also recognize that AXAHY has a P/B ratio of 1.37. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.58. AXAHY's P/B has been as high as 1.37 and as low as 0.61, with a median of 1.03, over the past year.
If you're looking for another solid Insurance - Multi line value stock, take a look at Prudential Financial (PRU - Free Report) . PRU is a # 2 (Buy) stock with a Value score of A.
Prudential Financial is currently trading with a Forward P/E ratio of 6.89 while its PEG ratio sits at 0.54. Both of the company's metrics compare favorably to its industry's average P/E of 8.83 and average PEG ratio of 0.75.
PRU's price-to-earnings ratio has been as high as 10.48 and as low as 6.27, with a median of 8.39, while its PEG ratio has been as high as 1.13 and as low as 0.49, with a median of 0.91, all within the past year.
Prudential Financial also has a P/B ratio of 1.81 compared to its industry's price-to-book ratio of 2.58. Over the past year, its P/B ratio has been as high as 2.39, as low as 0.77, with a median of 1.75.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Axa and Prudential Financial are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AXAHY and PRU feels like a great value stock at the moment.
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Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is Axa (AXAHY - Free Report) . AXAHY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 8.27, which compares to its industry's average of 8.83. AXAHY's Forward P/E has been as high as 9.12 and as low as 6.47, with a median of 7.89, all within the past year.
Investors should also recognize that AXAHY has a P/B ratio of 1.37. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.58. AXAHY's P/B has been as high as 1.37 and as low as 0.61, with a median of 1.03, over the past year.
If you're looking for another solid Insurance - Multi line value stock, take a look at Prudential Financial (PRU - Free Report) . PRU is a # 2 (Buy) stock with a Value score of A.
Prudential Financial is currently trading with a Forward P/E ratio of 6.89 while its PEG ratio sits at 0.54. Both of the company's metrics compare favorably to its industry's average P/E of 8.83 and average PEG ratio of 0.75.
PRU's price-to-earnings ratio has been as high as 10.48 and as low as 6.27, with a median of 8.39, while its PEG ratio has been as high as 1.13 and as low as 0.49, with a median of 0.91, all within the past year.
Prudential Financial also has a P/B ratio of 1.81 compared to its industry's price-to-book ratio of 2.58. Over the past year, its P/B ratio has been as high as 2.39, as low as 0.77, with a median of 1.75.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Axa and Prudential Financial are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AXAHY and PRU feels like a great value stock at the moment.
Free Report Reveals How You Could Profit from the Growing Electric Vehicle Industry
Globally, electric car sales continue their remarkable growth even after breaking records in 2021. High gas prices have fueled his demand, but so has evolving EV comfort, features and technology. So, the fervor for EVs will be around long after gas prices normalize. Not only are manufacturers seeing record-high profits, but producers of EV-related technology are raking in the dough as well. Do you know how to cash in? If not, we have the perfect report for you – and it’s FREE! Today, don't miss your chance to download Zacks' top 5 stocks for the electric vehicle revolution at no cost and with no obligation.
>>Send me my free report on the top 5 EV stocks<<
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