Home Most Popular Tech Stocks Discover the Best Value Stocks to Buy for October 17th

Discover the Best Value Stocks to Buy for October 17th

0
Discover the Best Value Stocks to Buy for October 17th

If you’re an investor looking for lucrative opportunities in the financial markets, we’ve got you covered. Here are three top-ranked stocks that offer strong value characteristics and should be on your radar for October 17.

Manitex International, Inc. (MNTX)

With a Zacks Rank #1, Manitex International is a leading provider of engineered lifting solutions. The company has seen a remarkable increase of 63.6% in its Zacks Consensus Estimate for this year’s earnings over the past 60 days. This is an impressive indicator of its potential future growth.

Manitex International boasts a price-to-earnings ratio (P/E) of 13.47, compared to the industry’s average of 21.30. With a Value Score of B, this stock offers a compelling investment opportunity.

Central Garden & Pet Company (CENTA)

Central Garden & Pet is a prominent company in the pet supplies and garden products industry. With a Zacks Rank #1 and a 2.4% increase in its Zacks Consensus Estimate for current year earnings, it is surely worth considering.

The stock’s price-to-earnings ratio (P/E) stands at 13.89, lower than the industry average of 17.10. Boasting a Value Score of A, Central Garden & Pet presents a strong case for investment.

HSBC Holdings plc (HSBC)

HSBC Holdings, a global banking and financial services provider, has witnessed a solid 4.1% increase in its Zacks Consensus Estimate for this year’s earnings over the last 60 days.

With a price-to-earnings ratio (P/E) of 5.60, compared to the industry average of 10.00, HSBC Holdings is attractively valued. The stock possesses a Value Score of B, making it an intriguing choice for investors.

Infrastructure Stock Boom to Sweep America

There’s a massive infrastructure rebuilding project on the horizon in the United States, and it’s gaining bipartisan support. This presents a unique opportunity for investors to potentially profit from the trillions of dollars set to be spent on this nationwide effort.

To help you navigate this golden opportunity, Zacks has released a Special Report featuring five companies poised to benefit the most from the infrastructure boom. These companies are involved in construction, repair, cargo hauling, and energy transformation. Download the report today to get in on the ground floor of this promising investment theme.

Want even more investment ideas? You can download Zacks Investment Research’s report on the “7 Best Stocks for the Next 30 Days” for free. Click here to access the report.

Before investing, it’s always a good idea to conduct your own thorough analysis. To assist you in your research, you can access free stock analysis reports on Manitex International, Inc., HSBC Holdings plc, and Central Garden & Pet Company by clicking their respective links.

For more financial news and analysis, visit Zacks Investment Research.

Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official position of Nasdaq, Inc.