Value Stocks Near Their 52-Week Highs

Welcome to Episode #10 of the Value Investor Podcast Every week, Zacks value stock strategist and the Editor of Zacks Value Investor portfolio service, Tracey Ryniec, talks about all things happening in the value stock universe, including her top stock picks. This week, Tracey discusses value stocks that are trading near their 52-week highs. That seems counter intuitive right? If it’s a value stock, doesn’t that mean it’s out of favor with other investors and with Wall Street? Not necessarily. Tracey ran a screen looking for those stocks with the best Zacks Ranks of #1 (Strong Buy) or #2 (Buy), which means rising earnings estimates, with a Zacks Value Style Score of “A” and which were trading within 10% of their 52-week highs. She got an eclectic group with outstanding value fundamentals and momentum, but surprisingly, also strong earnings growth, which she didn’t even screen for. These are her top 3 stocks out of the screen. 3 Value Stocks Near Their Highs 1. Emcor (EME): Forward P/E of 18 2. Modine Manufacturing (MOD): Forward P/E of 13.6 3. Vishay Intertechnology (VSH): Forward P/E of 15.5 Analysts expect Emcor to see earnings growth of 13.9% in 2016. Modine Manufacturing, which is celebrating 100 years of business this year, is forecast to see 9.9% EPS growth this fiscal year while Vishay Intertechnology, a semiconductor maker, is expected to see 24% EPS growth this year. Find out why Tracey believes value investors can still buy momentum stocks and more on this week’s podcast. Click here to learn more about Value Investor Trading services: https://zacks.com/registration/order.php?add=1662aADID=I_VI_podcast_soundcloud Emcor Group: https://www.zacks.com/stock/quote/EME?cid=cs-soundcloud-ft-pod Modine Manufacturing: https://www.zacks.com/stock/quote/MOD?cid=cs-soundcloud-ft-pod Vishay: https://www.zacks.com/stock/quote/VSH?cid=cs-soundcloud-ft-pod Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch

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