Best Value Stocks to Buy for January 3rd

Photo of author

By Ronald Tech

Here is a stock with buy rank and strong value characteristics for investors to consider today, January 3rd:

Coterra Energy Inc. CTRA: This independent oil and gas company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 16% over the last 60 days.

Coterra Energy Inc. Price and Consensus

Coterra Energy Inc. Price and Consensus

Coterra Energy Inc. price-consensus-chart | Coterra Energy Inc. Quote

Coterra has a price-to-earnings ratio (P/E) of 8.80, compared with 24.51 for the S&P 500. The company possesses a Value Score  of A.

Coterra Energy Inc. PE Ratio (TTM)

Coterra Energy Inc. PE Ratio (TTM)

Coterra Energy Inc. pe-ratio-ttm | Coterra Energy Inc. Quote

 

See the full list of top ranked stocks here.

 

Learn more about the Value score and how it is calculated here.

Research Chief Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

See also  Chewy’s Flourishing Quarter Sparks Investor Enthusiasm

Coterra Energy Inc. (CTRA) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research