U.S. Markets closed

Top Ranked Value Stocks to Buy for May 23rd

Zacks Equity Research
1 / 8

Implied Volatility Surging for Affimed (AFMD) Stock Options

Affimed (AFMD) needs investors to pay close attention to the stock based on moves in the options market lately.

Here are four stocks with buy rank and strong value characteristics for investors to consider today, May 23rd:

Arrow Electronics, Inc. (ARW): This major distributor of electronic components has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 3.7% over the last 60 days.

Arrow Electronics, Inc. Price and Consensus

Arrow Electronics, Inc. Price and Consensus

Arrow Electronics, Inc. price-consensus-chart | Arrow Electronics, Inc. Quote

Arrow Electronics has a price-to-earnings ratio (P/E) of 8.56, compared with 10.90 for the industry. The company possesses a Value Score of A.

Arrow Electronics, Inc. PE Ratio (TTM)

Arrow Electronics, Inc. PE Ratio (TTM)

Arrow Electronics, Inc. pe-ratio-ttm | Arrow Electronics, Inc. Quote

PennyMac Mortgage Investment Trust (PMT): This specialty finance company has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 4.4% over the last 60 days.

PennyMac Mortgage Investment Trust Price and Consensus

PennyMac Mortgage Investment Trust Price and Consensus

PennyMac Mortgage Investment Trust price-consensus-chart | PennyMac Mortgage Investment Trust Quote

PennyMac Mortgage Investment Trust has a price-to-earnings ratio (P/E) of 11.30, compared with 20.30 for the industry. The company possesses a Value Score of A.

PennyMac Mortgage Investment Trust PE Ratio (TTM)

PennyMac Mortgage Investment Trust PE Ratio (TTM)

PennyMac Mortgage Investment Trust pe-ratio-ttm | PennyMac Mortgage Investment Trust Quote

Ultra Clean Holdings, Inc. (UCTT): This developer of subsystems for the semiconductor has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings increasing 2.6% over the last 60 days.

Ultra Clean Holdings, Inc. Price and Consensus

Ultra Clean Holdings, Inc. Price and Consensus

Ultra Clean Holdings, Inc. price-consensus-chart | Ultra Clean Holdings, Inc. Quote

Ultra Clean Holdings has a price-to-earnings ratio (P/E) of 7.01, compared with 11.50 for the industry. The company possesses a Value Score of A.

Ultra Clean Holdings, Inc. PE Ratio (TTM)

Ultra Clean Holdings, Inc. PE Ratio (TTM)

Ultra Clean Holdings, Inc. pe-ratio-ttm | Ultra Clean Holdings, Inc. Quote

Two Harbors Investment Corp. (TWO): This real estate investment trust has a Zacks Rank #2 (Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 1.1% over the last 60 days.

Two Harbors Investments Corp Price and Consensus

Two Harbors Investments Corp Price and Consensus

Two Harbors Investments Corp price-consensus-chart | Two Harbors Investments Corp Quote

Two Harbors Investment has a price-to-earnings ratio (P/E) of 8.23, compared with 12.90 for the industry. The company possesses a Value Score of A.

Two Harbors Investments Corp PE Ratio (TTM)

Two Harbors Investments Corp PE Ratio (TTM)

Two Harbors Investments Corp pe-ratio-ttm | Two Harbors Investments Corp 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
 
Ultra Clean Holdings, Inc. (UCTT) : Free Stock Analysis Report
 
Two Harbors Investments Corp (TWO) : Free Stock Analysis Report
 
PennyMac Mortgage Investment Trust (PMT) : Free Stock Analysis Report
 
Arrow Electronics, Inc. (ARW) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research