Advertisement
Canada markets open in 1 hour 38 minutes
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7322
    -0.0002 (-0.02%)
     
  • CRUDE OIL

    84.09
    +0.52 (+0.62%)
     
  • Bitcoin CAD

    87,673.01
    +326.64 (+0.37%)
     
  • CMC Crypto 200

    1,385.00
    -11.54 (-0.83%)
     
  • GOLD FUTURES

    2,357.50
    +15.00 (+0.64%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,733.75
    +166.25 (+0.95%)
     
  • VOLATILITY

    15.61
    +0.24 (+1.56%)
     
  • FTSE

    8,117.10
    +38.24 (+0.47%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6827
    +0.0006 (+0.09%)
     

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.

ADVERTISEMENT

Akamai Technologies (AKAM)

Akamai Technologies, Inc. is a global provider of content delivery network (CDN) and cloud infrastructure services.

AKAM boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Akamai Technologies are trading at a forward earnings multiple of 14.7X, as well as a PEG Ratio of 1.5, a Price/Cash Flow ratio of 10X, and a Price/Sales ratio of 3.5X.

Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.00 to $5.47 per share. AKAM has an average earnings surprise of 2.8%.

AKAM should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research