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Zacks Value Investor Highlights: Weight Watchers, American Eagle Outfitters, Briggs & Stratton, Camping World And United Rentals
By Zacks Investment ResearchStock MarketsDec 21, 2017 08:38PM ET
www.investing.com/analysis/zacks-value-investor-highlights-weight-watchers-american-eagle-outfitters-briggs--stratton-camping-world-and-united-rentals-200275402
Zacks Value Investor Highlights: Weight Watchers, American Eagle Outfitters, Briggs & Stratton, Camping World And United Rentals
By Zacks Investment Research | Dec 21, 2017 08:38PM ET For Immediate Release
Chicago, IL – Dec 22, 2017 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: (https://www.zacks.com/stock/news/286608/value-stocks-breaking-out-ahead-of-2018)
Value Stocks Breaking Out Ahead of 2018
Welcome to Episode #73 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio service, shares some of her top value investing tips and stock picks.
Don’t be depressed, value investors. While growth has outperformed in 2017, there are some value stocks that have soared along with the overall market.
For example, Weight Watchers ( (NYSE:WTW) ) was a cheap stock earlier in 2017. It traded with a forward P/E of around 15.
But it started posting much better than expected quarterly earnings and the shares popped.
They’re up about 300% on the year.
It was a wild ride for those value investors who got in.
Looking for Value Stocks with Momentum
It’s not just growth stocks which are breaking out to new highs. Tracey did a screen looking for value stocks trading within 10% of their 52-week highs.
She also screened for stocks which had Zacks Ranks of #1 (Strong Buy) or #2 (Buy). That most likely means these companies have rising earnings estimates.
The screen produced 42 companies, which is a pretty nice list.
Tracey cut it down to just these 4 names.
4 Value Stocks Breaking Out Ahead of 2018
1. American Eagle Outfitters ( (NYSE:AEO) ) was left for dead in the fall. It was lumped in with the whole “all retailers are dead” scenario. But the shares have come storming back and are now up 20% year-to-date. It’s still cheap. It has a forward P/E of just 15.
2. Briggs & Stratton ( (NYSE:BGG) ) is the largest maker of small engines. In 2017, it has seen choppy trading but shares are now up 12% year-to-date and look poised for a bigger breakout. It trades with a price-to-sales ratio of just 0.6. Earnings are expected to grow 14% in fiscal 2018.
3. Camping World ( (NYSE:CWH) ) just went IPO this year. Already shares are up 41% year-to-date. It’s in a hot industry as it sells RVs, parts and services through 130 supercenters. It has a forward P/E of 20.
4. United Rentals ( (NYSE:URI) ) has soared 57% on the year but its shares still look cheap. It trades with a forward P/E of just 15.9. The largest equipment rental company in North America is expected to see another year of double digit earnings growth next year.
Most investors have never heard of these companies yet the earnings picture looks solid. As an added bonus, there’s still value to be found.
Value stocks can break out too.
Heading into 2018, value investors shouldn’t neglect the momentum plays.
What else should you know about these value stocks that are breaking out?
Tune into this week’s podcast to find out.
[In full disclosure, Tracey owns shares of URI in her personal portfolio.]
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Want more insights from Tracey?
Check out her weekly Value Investor service to receive more in-depth analysis on value companies and see which stocks she thinks are the best bargains now. Click here to learn more.
Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
United Rentals, Inc. (URI): Free Stock Analysis Report
Camping World Holdings Inc. (CWH): Free Stock Analysis Report
Briggs & Stratton Corporation (BGG): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Weight Watchers International Inc (WTW): Free Stock Analysis Report
Original post
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Zacks Value Investor Highlights: Weight Watchers, American Eagle Outfitters, Briggs & Stratton, Camping World And United Rentals
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