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Top Ranked Value Stocks to Buy for January 4th

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Zacks Equity Research
·3 min read
In this article:
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  • INVA
  • ODP
  • DAC
  • MIK

Here are four stocks with buy rank and strong value characteristics for investors to consider today, January 4th:

Innoviva, Inc. (INVA): This company that engages in development and commercialization of pharmaceuticals has a Zacks Rank #1 (Strong Buy), and seen the Zacks Consensus Estimate for its current year earnings rising 24.3% over the last 60 days.

 

Innoviva, Inc. Price and Consensus

Innoviva, Inc. Price and Consensus
Innoviva, Inc. Price and Consensus

Innoviva, Inc. price-consensus-chart | Innoviva, Inc. Quote

 

Innoviva has a price-to-earnings ratio (P/E) of 5.63, compared with 14.90 for the industry. The company possesses a Value Score of A.

 

Innoviva, Inc. PE Ratio (TTM)

Innoviva, Inc. PE Ratio (TTM)
Innoviva, Inc. PE Ratio (TTM)

Innoviva, Inc. pe-ratio-ttm | Innoviva, Inc. Quote

 

The ODP Corporation (ODP): This provider of business services and supplies, products, and technology solutions has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 31.1% over the last 60 days.

 

The ODP Corporation Price and Consensus

The ODP Corporation Price and Consensus
The ODP Corporation Price and Consensus

The ODP Corporation price-consensus-chart | The ODP Corporation Quote

 

ODP Corp has a price-to-earnings ratio (P/E) of 6.44, compared with 13.30 for the industry. The company possesses a Value Score of A.

 

The ODP Corporation PE Ratio (TTM)

The ODP Corporation PE Ratio (TTM)
The ODP Corporation PE Ratio (TTM)

The ODP Corporation pe-ratio-ttm | The ODP Corporation Quote

 

Danaos Corporation (DAC): This owner and operator of containerships has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 1.6% over the last 60 days.

 

Danaos Corporation Price and Consensus

Danaos Corporation Price and Consensus
Danaos Corporation Price and Consensus

Danaos Corporation price-consensus-chart | Danaos Corporation Quote

 

Danaos Corp has a price-to-earnings ratio (P/E) of 3.01, compared with 10.00 for the industry. The company possesses a Value Score of A.

 

Danaos Corporation PE Ratio (TTM)

Danaos Corporation PE Ratio (TTM)
Danaos Corporation PE Ratio (TTM)

Danaos Corporation pe-ratio-ttm | Danaos Corporation Quote

 

The Michaels Companies, Inc. (MIK): This owner and operator of arts and crafts specialty retail stores for hobbyist and do-it-yourself home decorators has a Zacks Rank #1, and seen the Zacks Consensus Estimate for its current year earnings rising 27.6% over the last 60 days.

 

The Michaels Companies, Inc. Price and Consensus

The Michaels Companies, Inc. Price and Consensus
The Michaels Companies, Inc. Price and Consensus

The Michaels Companies, Inc. price-consensus-chart | The Michaels Companies, Inc. Quote

 

Michaels has a price-to-earnings ratio (P/E) of 5.85, compared with 13.30 for the industry. The company possesses a Value Score of A.

 

The Michaels Companies, Inc. PE Ratio (TTM)

The Michaels Companies, Inc. PE Ratio (TTM)
The Michaels Companies, Inc. PE Ratio (TTM)

The Michaels Companies, Inc. pe-ratio-ttm | The Michaels Companies, Inc. Quote

 

See the full list of top ranked stocks here.

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

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech 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
 
The ODP Corporation (ODP) : Free Stock Analysis Report
 
The Michaels Companies, Inc. (MIK) : Free Stock Analysis Report
 
Innoviva, Inc. (INVA) : Free Stock Analysis Report
 
Danaos Corporation (DAC) : Free Stock Analysis Report
 
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Zacks Investment Research

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