Three Top Stocks to Consider This October
Investors now have three strong buys worth exploring as of October 30th.
Controladora Vuela Compania de Aviacion, B. de C.V. VLRS: This aviation company has a Zacks Rank of #1 (Strong Buy) and reported a 30.2% increase in the Zacks Consensus Estimate for this year’s earnings over the past two months.
Price and Estimates for Controladora Vuela Compania de Aviacion, S.A.B. de C.V.
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. price-consensus-chart | Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Quote
This company boasts a price-to-earnings (P/E) ratio of 6.59, significantly lower than the industry average of 15.20. It also enjoys a Value Score of A.
P/E Ratio for Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (TTM)
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. pe-ratio-ttm | Controladora Vuela Compania de Aviacion, S.A.B. de C.V. Quote
Toyota Motor TM: Known globally, Toyota Motor Corporation ranks highly in automobile sales and manufacturing. It holds a Zacks Rank of #1 and has seen a 2.7% rise in the Zacks Consensus Estimate for its current year earnings in the last 60 days.
Price and Estimates for Toyota Motor Corporation
Toyota Motor Corporation price-consensus-chart | Toyota Motor Corporation Quote
Toyota’s P/E ratio stands at 8.11, below the industry average of 9.40, along with a solid Value Score of A.
P/E Ratio for Toyota Motor Corporation (TTM)
Toyota Motor Corporation pe-ratio-ttm | Toyota Motor Corporation Quote
Alibaba BABA: As a leader in China’s e-commerce sector, Alibaba also carries a Zacks Rank of #1. In the past 60 days, its estimated earnings for the current year have grown by 3%.
Price and Estimates for Alibaba Group Holding Limited
Alibaba Group Holding Limited price-consensus-chart | Alibaba Group Holding Limited Quote
With a P/E ratio of 0.42, Alibaba is also well below the industry’s 2.21. The company has a Value Score of A.
P/E Ratio for Alibaba Group Holding Limited (TTM)
Alibaba Group Holding Limited pe-ratio-ttm | Alibaba Group Holding Limited Quote
For a complete list of other top-ranked stocks, click here.
Learn more about the Value Score and its calculation here.
Zacks Highlights #1 Semiconductor Stock
In the world of technology, this semiconductor stock has gained attention. Although it’s only a fraction of NVIDIA, which has skyrocketed over 800% since our recommendation, this stock shows promising growth potential. The semiconductor sector is projected to expand significantly, with global manufacturing expected to rise from $452 billion in 2021 to $803 billion by 2028.
If you want to stay updated on stock recommendations from Zacks Investment Research, download our report on 5 Stocks Set to Double for free.
Toyota Motor Corporation (TM): Free Stock Analysis Report
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS): Free Stock Analysis Report
Alibaba Group Holding Limited (BABA): Free Stock Analysis Report
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The views and opinions expressed herein reflect those of the author and do not necessarily represent the opinions of Nasdaq, Inc.
