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Top Ranked Value Stocks to Buy for October 16th

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

United Rentals, Inc. (URI - Free Report) : This equipment rental company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 1.6% over the last 60 days.

United Rentals has a price-to-earnings ratio (P/E) of 14.46, compared with 20.80 for the industry. The company possesses a Value Score of A.

Valero Energy Corporation (VLO - Free Report) : This independent petroleum refining and ethanol producing company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings advancing 13.9% over the last 60 days.

Valero Energy has a price-to-earnings ratio (P/E) of 16.68, compared with 34.70 for the industry. The company possesses a Value Score of A.

Owens Corning (OC - Free Report) : This producer of glass fiber reinforcements has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 0.2% over the last 60 days.

Owens Corning has a price-to-earnings ratio (P/E) of 18.46, compared with 20.80 for the industry. The company possesses a Value Score of A.

Marathon Petroleum Corporation (MPC - Free Report) : This oil and petroleum company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings advancing 11.2% over the last 60 days.

Marathon Petroleum has a price-to-earnings ratio (P/E) of 18.00, compared with 34.70 for the industry. 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.

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If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.

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