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Best Value Stocks to Buy for August 2nd

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Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 2:

Independent Bank Corporation (IBCP - Free Report) : This bank holding company for Independent Bank carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.

Independent Bank has a price-to-earnings ratio (P/E) of 11.07 compared with 12.50 for the industry. The company possesses a Value Scoreof B.

Baytex Energy Corp. (BTE - Free Report) : This energy company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.

Baytex Energy has a price-to-earnings ratio (P/E) of 11.94 compared with 22.36 for the S&P. The company possesses a Value Score of A.

Silvercorp Metals Inc. (SVM - Free Report) : This mining company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.7% over the last 60 days.

Silvercorp Metals has a price-to-earnings ratio (P/E) of 12.03 compared with 22.36 for the S&P. 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.


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Baytex Energy Corp (BTE) - free report >>

Silvercorp Metals Inc. (SVM) - free report >>

Independent Bank Corporation (IBCP) - free report >>

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