Back to top

Image: Bigstock

Top Ranked Value Stocks to Buy for April 1st

Read MoreHide Full Article

Here are four stocks with buy rank and strong value characteristics for investors to consider today, April 1st:

Danaos Corporation (DAC - Free Report) : This company that owns and operates containerships has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 2.9% over the last 60 days.

Danaos has a price-to-earnings ratio (P/E) of 0.66, compared with 3.70 for the industry. The company possesses a Value Score of A.

ARMOUR Residential REIT, Inc. (ARR - Free Report) : This company that invests in residential mortgage backed securities has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 4.7% over the last 60 days.

ARMOUR Residential has a price-to-earnings ratio (P/E) of 3.92, compared with 8.10 for the industry. The company possesses a Value Score of A.

New Residential Investment Corp. : This real estate investment trust focuses on investing in and managing residential mortgage related assets has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 4.9% over the last 60 days.

New Residential Investment has a price-to-earnings ratio (P/E) of 2.37, compared with 8.10 for the industry. The company possesses a Value Score of A.

Modine Manufacturing Company (MOD - Free Report) : This company that provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 15.7% over the last 60 days.

Modine Manufacturing has a price-to-earnings ratio (P/E) of 3.37, compared with 22.90 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.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.

This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.

See their latest picks free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


ARMOUR Residential REIT, Inc. (ARR) - free report >>

Danaos Corporation (DAC) - free report >>

Modine Manufacturing Company (MOD) - free report >>

Published in