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Should Value Investors Buy Hudson Technologies (HDSN) Stock?

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Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One company value investors might notice is Hudson Technologies (HDSN - Free Report) . HDSN is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock has a Forward P/E ratio of 18.62. This compares to its industry's average Forward P/E of 29.02. HDSN's Forward P/E has been as high as 20.77 and as low as 7.72, with a median of 14.71, all within the past year.

Value investors will likely look at more than just these metrics, but the above data helps show that Hudson Technologies is likely undervalued currently. And when considering the strength of its earnings outlook, HDSN sticks out as one of the market's strongest value stocks.


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