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Top Ranked Value Stocks to Buy for June 23rd

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Here are four stocks with buy rank and strong value characteristics for investors to consider today, June 23rd:

New Residential Investment Corp. (NRZ - Free Report) : This real estate investment trust has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 1.7% over the last 60 days.

New Residential Investment has a price-to-earnings ratio (P/E) of 6.07, compared with 10.00 for the industry. The company possesses a Value Score of A.

Encore Capital Group, Inc. (ECPG - Free Report) : This specialty finance company has a Zacks Rank #2, and seen the Zacks Consensus Estimate for its current year earnings rising 34.4% over the last 60 days.

Encore Capital has a price-to-earnings ratio (P/E) of 5.12, compared with 80.20 for the industry. The company possesses a Value Score of A.

Xcel Brands, Inc. (XELB - Free Report) : This company that operates as a media and consumer products company has a Zacks Rank #2, and seen the Zacks Consensus Estimate for its current year earnings rising 27% over the last 60 days.

Xcel Brands’ has a price-to-earnings ratio (P/E) of 4.48, compared with 26.50 for the industry. The company possesses a Value Score of A.

Laredo Petroleum, Inc. (LPI - Free Report) : This independent energy company has a Zacks Rank #2, and seen the Zacks Consensus Estimate for its current year earnings rising 6.7% over the last 60 days.

Laredo Petroleum has a price-to-earnings ratio (P/E) of 1.99, compared with 5.90 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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>

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