Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One company value investors might notice is KornFerry International (KFY Quick QuoteKFY - Free Report) . KFY is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 13.53, while its industry has an average P/E of 15.76. KFY's Forward P/E has been as high as 15.62 and as low as 11.30, with a median of 13.71, all within the past year.

Finally, investors will want to recognize that KFY has a P/CF ratio of 11.47. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. This company's current P/CF looks solid when compared to its industry's average P/CF of 22.60. Within the past 12 months, KFY's P/CF has been as high as 15.12 and as low as 9.53, with a median of 11.34.

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