Looking for the best value stocks? Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: On Assignment (ASGN) and Frontline (FRO).
Both companies have forward P/Es well below the average of the S&P 500, which is expensive at 17x. They also are in favor with analysts, with Zacks Ranks of #2 (Buy) and rising 2016 earnings estimates. Both are expected to grow earnings by the double digits this year.
Frontline also pays a juicy quarterly dividend. It just announced a $0.40 payout per share for the first quarter. It is expected to make just $1.28 this entire year.
But what else should investors take away from these two companies? Watch our short video below to learn more about these value stocks!
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