Should Value Investors Pick Banco Santander (SAN) Stock?
Zacks Investment Research | Mar 23, 2021 03:07AM ET
Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let’s put Banco Santander (MC:SAN), S.A. Banco Santander, S.A. Quote
This bullish trend is why the stock boasts a Zacks Rank #2 (Buy) and why we are expecting outperformance from the company in the near term.
Bottom Line
Banco Santander is an inspired choice for value investors, as it is hard to beat its incredible line up of statistics on this front. A strong industry rank (among top 23% of more than 250 industries) and a Zacks Rank #2 further instils our confidence.
However, over the past two years, the Zacks Banks - Foreign industry has clearly underperformed the market at large, as you can see below:
So, value investors might want to wait for industry trends to turn around in this name first, but once that happens, this stock could be a compelling pick.
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Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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