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Zacks Value Trader Highlights: Amkor Technology, Apogee Enterprises, DXP Enterprises, BJ¿¿¿s Wholesale Club and Silgan

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For Immediate Release

Chicago, IL – June 5, 2020 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

5 Strong Buy Value Stocks for the Bull Rally

Welcome to Episode #192 of the Value Investor Podcast.

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

With so many companies withdrawing full year earnings guidance and with earnings on the decline in 2020 thanks to the economic shutdowns from the coronavirus, its hard to figure out what companies are the best quality.

That’s where the Zacks Rank comes in handy.

The top Zacks Rank, the Zacks Rank #1 (Strong Buy), allows investors to narrow the list of stocks they’re considering. 

These are the companies which, hopefully, have rising earnings estimates.

In 2020, rising estimates are rare. Analysts, instead, have been cutting their estimates for most companies thanks to the coronavirus shutdowns.

Instead of floundering around, looking at thousands of stocks, why not use the Zacks Rank as the key component to narrow your stock search?

Screening for Top Value Stocks

But just using the Zacks Rank in a screen will still give you a big pool of stocks. Currently there are about 210 Zacks #1 Rank (Strong Buy) stocks.

Why not look for cheap Rank #1 (Strong Buy) stocks?

Value investors can narrow that number further by adding some of the classic value fundamentals to the screen.

Keep it simple and look for price-to-earnings ratios under 20 and price-to-sales ratios under 1.0.

Running this basic screen returned 22 value stocks.

5 Top Value Stocks to Buy Now

1.       Amkor Technology (AMKR - Free Report) is a semiconductor packaging and test services company with a market cap of $2.7 billion. Shares are still down 11.8% year-to-date and have a P/S ratio of just 0.6. Earnings are expected to rise 25% year-over-year and the 2020 earnings estimates are on the rise over the last 60 days.

2.       Apogee Enterprises (APOG - Free Report) makes architectural glass, framing systems and does installation in skyscrapers. The shares are still down 24% year-to-date and are cheap, with a forward P/E of just 10.2. Fiscal year estimates have jumped to $2.21 from $1.99 in the last 2 months.

3.       DXP Enterprises (DXPE - Free Report) is in pump solutions, supply chain services, metal working services and safety services to industrial, agriculture and manufacturing industries. It was an “essential” business during the coronavirus shutdowns and never closed. 2020 earnings estimates have risen in the last month. Shares are still down 49% year-to-date and the company has a forward P/E of just 11.6.

4.       BJ’s Wholesale Club (BJ - Free Report) is benefitting from the lockdown and the need to cook at home. Not only is it a Zacks Rank #1 (Strong Buy), but it has Zacks Style Scores of “A” in all categories of Value, Growth and Momentum. Shares are up 61% year-to-date but are still cheap with a P/S ratio of just 0.4. Earnings are expected to rise 51.4% year-over-year.

5.       Silgan Holdings (SLGN - Free Report) makes metal containers, metal and plastic closures and dispensing systems for consumer goods products. Some of its customers include Campbell’s, Del Monte and Listerine. In April, it reported record earnings in Q1 and raised its full year outlook, even with COVID-19. An “essential” business, all 100 of its global facilities remained open during the crisis. It’s cheap, with a forward P/E of just 13.6.

What else should you know about screening for the top value stocks right now?

Listen to this week’s podcast to find out.

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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release.