The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Silvercorp Metals (SVM) is a stock many investors are watching right now. SVM is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 10.93. This compares to its industry's average Forward P/E of 15.25. Over the past year, SVM's Forward P/E has been as high as 18.77 and as low as 7.49, with a median of 10.93.
These are just a handful of the figures considered in Silvercorp Metals's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SVM is an impressive value stock right now.
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Silvercorp Metals Inc. (SVM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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