Time New York: Fri 19 Jul 08:25 am  |  Save 15% on H&R Block Online

  
caticonslite_bm_alt

Why AB Volvo (VLVLY) Could Be a Top Value Stock Pick

Zacks

Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; AB Volvo VLVLY.

AB Volvo in Focus

VLVLY may be an interesting play thanks to its forward PE of 8.5, its P/S ratio of 0.7, and its decent dividend yield of 5.8%. These factors suggest that AB Volvo is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that VLVLY has decent revenue metrics to back up its earnings.


But before you think that AB Volvo is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 3.6% in the past 30 days, thanks to one upward revision in the past one month compared to none lower.

This estimate strength is actually enough to push VLVLY to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank stocks here.

So really, AB Volvo is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research
<-- You can share this post with your network,
or give us your opinion and leave a comment.
Be sure to check our RSS feeds for updates.