Here are three stocks with buy rank and strong value characteristics for investors to consider today, June 24th:
Upbound Group, Inc. UPBD: This company which is a leading lease-to-own provider with operations in the United States, Puerto Rico and Mexico, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2% over the last 60 days.
Upbound Group has a price-to-earnings ratio (P/E) of 5.73 compared with 11.90 for the industry. The company possesses a Value Score of A.
Runway Growth Finance Corp. RWAY: This externally managed business development company which is focused on providing flexible capital solutions to late-stage and growth companies, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days.
Runway Growth Finance has a price-to-earnings ratio (P/E) of 6.40 compared with 9.30 for the industry. The company possesses a Value Score of A.
Ardmore Shipping ASC: This company which provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 33% over the last 60 days.
Ardmore Shipping has a price-to-earnings ratio (P/E) of 8.41 compared with 13.30 for the industry. The company possesses a Value Score of A.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
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Ardmore Shipping Corporation (ASC): Free Stock Analysis Report
Runway Growth Finance Corp. (RWAY): Free Stock Analysis Report
Upbound Group, Inc. (UPBD): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).