Looking for promising stocks with strong value characteristics? Here are three stocks that investors should consider for October 19:
Boise Cascade Company (BCC)
Boise Cascade Company is a wood products and construction materials company that has been gaining momentum recently. With a Zacks Rank #1 and a 0.4% increase in its Zacks Consensus Estimate for its current year earnings over the last 60 days, it’s definitely worth a closer look.
When comparing the company’s price-to-earnings ratio (P/E) of 8.08 to the industry average of 18.80, Boise Cascade emerges as an attractive value stock. Additionally, it has a strong Value Score of A.
HSBC Holdings plc (HSBC)
HSBC Holdings plc is a renowned banking and financial services provider. With a Zacks Rank #1 and a 4.1% increase in its Zacks Consensus Estimate for its current year earnings over the last 60 days, HSBC is showing positive signs.
Similar to Boise Cascade, HSBC has an attractive P/E ratio of 5.65 compared to the industry average of 10.20. It also has a solid Value Score of B, making it a compelling value stock.
Select Medical Holdings Corporation (SEM)
Select Medical Holdings Corporation is a prominent healthcare service provider. With a Zacks Rank #1 and a 1.1% increase in its Zacks Consensus Estimate for its current year earnings over the last 60 days, the company is on an upward trajectory.
When considering valuation, Select Medical Holdings stands out with a P/E ratio of 12.45, compared to the industry average of 16.10. It also boasts a strong Value Score of A, making it an attractive value stock.
Interested in exploring more top-ranked stocks? Check out the full list here.
To learn more about the value score and how it is calculated, visit our Value score guide.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.