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Top Ranked Value Stocks to Buy for October 2nd

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

Office Depot, Inc. (ODP - Free Report) : This office supplies retailer has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 5.7% over the last 60 days.

Office Depot has a price-to-earnings ratio (P/E) of 4.68, compared with 10.30 for the industry. The company possesses a Value Score of A.

AMC Networks Inc. (AMCX - Free Report) : This media company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 0.9% over the last 60 days.

AMC Networks has a price-to-earnings ratio (P/E) of 5.57, compared with 7.10 for the industry. The company possesses a Value Score of A.

Fly Leasing Limited (FLY - Free Report) : This aircraft leasing investment company has a Zacks Rank #2, and seen the Zacks Consensus Estimate for its current year earnings rising 43.4% over the last 60 days.

Fly Leasing has a price-to-earnings ratio (P/E) of 3.55, compared with 11.20 for the industry. The company possesses a Value Score of A.

The Michaels Companies, Inc. (MIK - Free Report) : This wholesale company has a Zacks Rank #2, and seen the Zacks Consensus Estimate for its current year earnings rising 1.3% over the last 60 days.

Michaels has a price-to-earnings ratio (P/E) of 4.13 compared with 10.20 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.

7 Best Stocks for the Next 30 Days

Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”

Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.6% per year. So be sure to give these hand-picked 7 your immediate attention.

See them now >>