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3 Top Jefferies Value Stock Picks to Buy Now

For the first time in a long time, some value stocks have outperformed growth stocks. Given that many on Wall Street see only mid to upper single-digit gains going forward for the markets in 2016, now may be a good time to consider moving some higher beta growth stocks to value.

Each week we cover the new value calls from the analysts at Jefferies, and more and more, some of the calls may look surprising as some solid big blue chip companies are becoming so cheap on a multiple basis they are ending up in the value arena. This is the best of both worlds for investors, when large cap growth companies become inexpensive enough to have a value call.

Here are three of this week’s value stocks to buy from Jefferies. All are rated Buy.


This smaller large-cap bank makes good sense now. KeyCorp. (NYSE: KEY) operates as the bank holding company for KeyBank National Association, which provides deposit, lending, cash management and investment services to individuals and small and medium-sized businesses. It also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndication and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets banner.

While some earnings reports this year have been below the Wall Street estimates, most analysts feel they were driven largely by higher expenses. Jefferies feels that with...