Back to top

Image: Bigstock

Top Ranked Value Stocks to Buy for October 16th

Read MoreHide Full Article

Here are four stocks with buy rank and strong value characteristics for investors to consider today, October 16th:

Capital Product Partners L.P. (CPLP - Free Report) : This shipping company that provides marine transportation services has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 3.3% over the last 60 days.

Capital Product Partners has a price-to-earnings ratio (P/E) of 4.88, compared with 4.90 for the industry. The company possesses a Value Score of A.

Danaos Corporation (DAC - Free Report) : This owner and operator of containerships has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising nearly 14% over the last 60 days.

Danaos Corp has a price-to-earnings ratio (P/E) of 1.34, compared with 4.90 for the industry. The company possesses a Value Score of A.

Danaos Corporation PE Ratio (TTM)

Danaos Corporation PE Ratio (TTM)

Danaos Corporation pe-ratio-ttm | Danaos Corporation Quote

 

Frontline Ltd. (FRO - Free Report) : This shipping company has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 13.3% over the last 60 days.

Frontline Ltd. Price and Consensus

Frontline Ltd. Price and Consensus

Frontline Ltd. price-consensus-chart | Frontline Ltd. Quote

 

Frontline has a price-to-earnings ratio (P/E) of 2.56, compared with 4.90 for the industry. The company possesses a Value Score of A.

Frontline Ltd. PE Ratio (TTM)

Frontline Ltd. PE Ratio (TTM)

Frontline Ltd. pe-ratio-ttm | Frontline Ltd. Quote

 

Nomura Holdings, Inc. (NMR - Free Report) : This financial services provider has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 14.8% over the last 60 days.

Nomura has a price-to-earnings ratio (P/E) of 4.97, compared with 16.20 for the industry. The company possesses a Value Score of A.

Nomura Holdings Inc PE Ratio (TTM)

Nomura Holdings Inc ADR PE Ratio (TTM)

Nomura Holdings Inc pe-ratio-ttm | Nomura Holdings Inc Quote

 

See the full list of top ranked stocks here.

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

Legal Marijuana: An Investor’s Dream

Imagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027.

Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.

Download Marijuana Moneymakers FREE >>

Published in