4 Cheap PEG Stocks For Value Seeking Investors

Here are the screening criteria for a winning strategy:

PEG Ratio less than X Industry Median

P/E Ratio (using F1) less than X Industry Median (for more accurate valuation purpose)

Zacks Rank of 1 (Strong Buy) or 2 (Buy) (Whether good market conditions or bad, stocks with a Zacks Rank #1 or 2 have a proven history of success.)

Market Capitalization greater than $1 Billion (This helps us to focus on companies that have strong liquidity.)

Average 20 Day Volume greater than 50,000 (A substantial trading volume ensures that the stock is easily tradable.)

Percentage Change F1 Earnings Estimate Revisions (4 Weeks) greater than 5% (Upward estimate revisions add to the optimism, suggesting further bullishness.)

Value Score of less than or equal to B: Our research shows that stocks with a Style Score of ‘A’ or ‘B’ when combined with a Zacks Rank #1, 2 or 3 (Hold) offer the best upside potential. 

Here are four stocks that qualified the screening:

The Chemours Company (CC - Free Report) is a leading player in the field of titanium technologies, fluoroproducts and chemical solutions, catering to a wide range of industries with market-defining products, application expertise and chemistry-based innovations. The company has an impressive expected five-year growth rate of 15.5%. The stock currently has a Value Style Score of ‘B’ and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Leucadia National Corporation (LUK - Free Report) is a diversified holding company that invests in a broad array of businesses. The company’s financial services businesses and investments include investment banking and capital markets, asset management, foreign exchange trading services, real estate, commercial mortgage banking and servicing and vehicle finance. This Zacks Rank #1 stock also holds a Value Style Score of ‘B’ and hence can be a great value investment pick at the moment.

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