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Best Value Stock to Buy for October 23rd

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Here is the stock with buy rank and strong value characteristics for investors to consider today, October 23rd:  

Universal Insurance Holdings (UVE - Free Report) : This vertically integrated insurance holding company, which is principally engaged in the property and casualty insurance business, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 26.4% over the last 60 days.

Universal Insurance has a price-to-earnings ratio (P/E) of 7.90 compared with 66.30 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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