Back to top

Image: Bigstock

Top Ranked Value Stocks to Buy for October 9th

Read MoreHide Full Article

Here are four stocks with buy rank and strong value characteristics for investors to consider today, October 9th:

The Michaels Companies, Inc., (MIK - Free Report) : This arts and crafts retail chain has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 1.7% over the last 60 days.

The Michaels Companies, Inc. Price and Consensus

Michaels has a price-to-earnings ratio (P/E) of 4.00 compared with 9.70 for the industry. The company possesses a Value Score of A.

The Michaels Companies, Inc. PE Ratio (TTM)

DanaosCorporation (DAC - Free Report) : This shipping company has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 7.9% over the last 60 days.

Danaos Corporation Price and Consensus

Danaos has a price-to-earnings ratio (P/E) of 1.01 compared with 1.30 for the industry. The company possesses a Value Score of A.

Danaos Corporation PE Ratio (TTM)

Group 1 Automotive, Inc. (GPI - Free Report) : This automotive retailer has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 0.7% over the last 60 days.

Group 1 Automotive, Inc. Price and Consensus

Group 1 Automotive has a price-to-earnings ratio (P/E) of 8.30 compared with 30.20 for the industry. The company possesses a Value Score of A.

Group 1 Automotive, Inc. PE Ratio (TTM)

Fly Leasing Limited (FLY - Free Report) : This aircraft leasing company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 43.4% over the last 60 days.

Fly Leasing Limited Price and Consensus

Fly Leasing has a price-to-earnings ratio (P/E) of 3.37 compared with 10.50 for the industry. The company possesses a Value Score of A.

Fly Leasing Limited PE Ratio (TTM)

See the full list of top ranked stocks here

Learn more about the Value score and how it is calculated here.

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>