Best Value Stocks to Buy for Oct. 24

Here are two stocks with buy rank and strong value characteristics for investors to consider today, Oct. 24:

SCOR SE SCRYY: This reinsurance company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6% over the last 60 days.

SCOR SE has a price-to-earnings ratio (P/E) of 6.15, compared with 8.80 for the industry. The company possesses a Value Score of A.

Universal Insurance Holdings, Inc. UVE: This insurance holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 63.8% over the last 60 days.

Universal Insurance has a price-to-earnings ratio (P/E) of 6.59, compared with 12.80 for the industry. 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.

Zacks Names #1 Semiconductor Stock

This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.

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This article originally published on Zacks Investment Research (zacks.com).

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