Three Buy-Ranked Stocks to Watch This November
Investors seeking strong value prospects should consider these three stocks with buy rankings as of November 6th:
Alibaba Group Holding Limited: E-commerce Powerhouse
Alibaba Group Holding Limited (BABA) has a Zacks Rank of #1. Recently, the Zacks Consensus Estimate for its current year earnings rose by 3% over the past 60 days, signaling positive market sentiment.
Alibaba Price and Consensus
Alibaba Group Holding Limited price-consensus-chart | Alibaba Group Holding Limited Quote
With a price-to-earnings (P/E) ratio of 11.01, Alibaba stands considerably below the industry average of 36.20. The company holds a Value Score of A, indicating strong value characteristics.
Alibaba PE Ratio (TTM)
Alibaba Group Holding Limited pe-ratio-ttm | Alibaba Group Holding Limited Quote
SUMCO Corporation: Silicon Wafer Leader
SUMCO Corporation (SUOPY) is another stock with a Zacks Rank of #1. The company recently experienced a 5.9% increase in the Zacks Consensus Estimate for its current year earnings in the last two months.
SUMCO Price and Consensus
SUMCO price-consensus-chart | SUMCO Quote
With a P/E ratio of 17.76, SUMCO is priced lower than the S&P 500’s average of 23.13, suggesting good value. The company, like Alibaba, also boasts a Value Score of A.
SUMCO PE Ratio (TTM)
SUMCO pe-ratio-ttm | SUMCO Quote
CrossFirst Bankshares, Inc. (CFB) holds a Zacks Rank of #1 as well. Its earnings estimate has increased by 2.6% in the last two months, showcasing its growth potential.
CrossFirst Price and Consensus
CrossFirst Bankshares, Inc. price-consensus-chart | CrossFirst Bankshares, Inc. Quote
CrossFirst has a P/E ratio of 9.89, which is lower than the industry average of 11.70, reflecting its solid value proposition. Its Value Score is B.
CrossFirst PE Ratio (TTM)
CrossFirst Bankshares, Inc. pe-ratio-ttm | CrossFirst Bankshares, Inc. Quote
Find a complete list of top-ranked stocks here.
Discover the Top Semiconductor Stock from Zacks
With the semiconductor sector booming, Zacks has identified a leading stock that, while much smaller than NVIDIA, offers significant growth potential.
Projected growth in global semiconductor manufacturing is expected to rise from $452 billion in 2021 to $803 billion by 2028, fueled by advancements in Artificial Intelligence and the Internet of Things.
Learn about this stock now for free>>
For the latest recommendations from Zacks Investment Research, download our report on 5 Stocks Set to Double.
Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
SUMCO (SUOPY): Free Stock Analysis Report
CrossFirst Bankshares, Inc. (CFB): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
