Advertisement
New Zealand markets closed
  • NZX 50

    11,803.28
    -49.52 (-0.42%)
     
  • NZD/USD

    0.5915
    -0.0006 (-0.10%)
     
  • ALL ORDS

    7,931.00
    +29.00 (+0.37%)
     
  • OIL

    83.02
    +0.17 (+0.21%)
     
  • GOLD

    2,320.10
    -26.30 (-1.12%)
     

Top Ranked Value Stocks to Buy for March 8th

Here are four stocks with buy rank and strong value characteristics for investors to consider today, March 8th:

Reliance Steel & Aluminum Co. (RS): This metals service center company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings advancing 12.7% over the last 60 days.

Reliance Steel & Aluminum Co. Price and Consensus

Reliance Steel & Aluminum Co. Price and Consensus
Reliance Steel & Aluminum Co. Price and Consensus

Reliance Steel & Aluminum Co. price-consensus-chart | Reliance Steel & Aluminum Co. Quote

Reliance Steel & Aluminum has a price-to-earnings ratio (P/E) of 13.72, compared with 20.40 for the industry. The company possesses a Value Score of A.

ADVERTISEMENT

Reliance Steel & Aluminum Co. PE Ratio (TTM)

Reliance Steel & Aluminum Co. PE Ratio (TTM)
Reliance Steel & Aluminum Co. PE Ratio (TTM)

Reliance Steel & Aluminum Co. pe-ratio-ttm | Reliance Steel & Aluminum Co. Quote

ArcBest Corporation (ARCB): This freight transportation services provider has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 28.1% over the last 60 days.

ArcBest Corporation Price and Consensus

ArcBest Corporation Price and Consensus
ArcBest Corporation Price and Consensus

ArcBest Corporation price-consensus-chart | ArcBest Corporation Quote

ArcBest has a price-to-earnings ratio (P/E) of 14.28, compared with 17.30 for the industry. The company possesses a Value Score of A.

ArcBest Corporation PE Ratio (TTM)

ArcBest Corporation PE Ratio (TTM)
ArcBest Corporation PE Ratio (TTM)

ArcBest Corporation pe-ratio-ttm | ArcBest Corporation Quote

Delta Air Lines, Inc. (DAL): This scheduled air transportation services provider has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings advancing 15.9% over the last 60 days.

Delta Air Lines, Inc. Price and Consensus

Delta Air Lines, Inc. Price and Consensus
Delta Air Lines, Inc. Price and Consensus

Delta Air Lines, Inc. price-consensus-chart | Delta Air Lines, Inc. Quote

Delta Air Lines has a price-to-earnings ratio (P/E) of 8.49, compared with 12.50 for the industry. The company possesses a Value Score of A.

Delta Air Lines, Inc. PE Ratio (TTM)

Delta Air Lines, Inc. PE Ratio (TTM)
Delta Air Lines, Inc. PE Ratio (TTM)

Delta Air Lines, Inc. pe-ratio-ttm | Delta Air Lines, Inc. Quote

Covenant Transportation Group, Inc. (CVTI): This truckload transportation services provider has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 24.4% over the last 60 days.

Covenant Transportation Group, Inc. Price and Consensus

Covenant Transportation Group, Inc. Price and Consensus
Covenant Transportation Group, Inc. Price and Consensus

Covenant Transportation Group, Inc. price-consensus-chart | Covenant Transportation Group, Inc. Quote

Covenant Transportation Group has a price-to-earnings ratio (P/E) of 15.48, compared with 17.30 for the industry. The company possesses a Value Score of A.

Covenant Transportation Group, Inc. PE Ratio (TTM)

Covenant Transportation Group, Inc. PE Ratio (TTM)
Covenant Transportation Group, Inc. PE Ratio (TTM)

Covenant Transportation Group, Inc. pe-ratio-ttm | Covenant Transportation Group, Inc. Quote

See the full list of top ranked stocks here

Learn more about the Value score and how it is calculated here.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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
 
Reliance Steel & Aluminum Co. (RS) : Free Stock Analysis Report
 
Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
 
Covenant Transportation Group, Inc. (CVTI) : Free Stock Analysis Report
 
ArcBest Corporation (ARCB) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research