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Zacks Value Trader Highlights: Brighthouse Financial, Credit Suisse, MetLife, Penn National Gaming And Signet

Published 01/09/2020, 09:43 PM
Updated 07/09/2023, 06:31 AM
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For Immediate Release

Chicago, IL – January 10, 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:

Where to Find the Best Classic Value Stocks Right Now

Welcome to Episode #171 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.

The calendar has turned to 2020 but the 2019 stock market rally continues, with large cap growth stocks hitting new record highs nearly every day.

But what about value?

Are there even any value stocks out there in this over-bought market?

Screening for Classic Value

Classic value means companies with cheap fundamentals including low P/E, P/B, P/S, P/CF and PEG ratios.

It’s not easy being cheap in all FIVE of those fundamentals. This screen is going to be narrow as a result.

In addition, you can add on the Zacks Value Style Score as well as the Zacks Ranks of #1 (Strong Buy) and #2 (Buy).

The Rank should give you stocks with rising earnings estimates (hopefully).

Given all of the criteria in this screen, it’s not surprising that only 8 companies passed the test.

These 8 companies are the best of the classic value stocks, based solely on the fundamentals, Style Score and Rank, that are out there.

All investors should do further research to find out why these companies have such low P/Es and why Wall Street is ignoring them.

Here are five of the companies.

5 Classic Value Stocks

1. Brighthouse Financial (NASDAQ:BHF) has a forward P/E of just 3.8. It has a PEG ratio of just 0.35 and 1 analyst has raised full year estimates in the last week.

2. Credit Suisse (SIX:CSGN) (NYSE:CS) has a forward P/E of just 8.9 and a PEG of 0.5. One analyst has raised his estimate for 2020 in the last week.

3. MetLife (NYSE:MET) is also cheap, with a forward P/E of just 8.4. Investors get a dividend, currently yielding 3.4%.

4. Penn National Gaming (NASDAQ:PENN) operates 39 gaming and racing facilities. It’s trading with a forward P/E of just 12.3 and a PEG ratio of just 0.4.

5. Signet (NYSE:SIG) is really cheap, with a forward P/E of 5.7, but many retailers have been struggling. One estimate has been raised for next fiscal year in the last week.

What else should you know about the hot market and buying classic value stocks?

Tune into this week’s podcast to find out.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/performance

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 https://www.zacks.com/performance for information about the performance numbers displayed in this press release.



Penn National Gaming, Inc. (PENN): Free Stock Analysis Report

Credit Suisse Group (CS): Free Stock Analysis Report

MetLife, Inc. (MET): Free Stock Analysis Report

Signet Jewelers Limited (SIG): Free Stock Analysis Report

Brighthouse Financial, Inc. (BHF): Free Stock Analysis Report

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Zacks Investment Research

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