What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
Below is a list of notable value stocks in the industrials sector:
- Mueller Industries (NYSE:MLI) - P/E: 8.74
- Preformed Line Products (NASDAQ:PLPC) - P/E: 9.17
- Pangaea Logistics Solns (NASDAQ:PANL) - P/E: 9.09
- Allegiant Travel (NASDAQ:ALGT) - P/E: 8.93
- American Airlines Group (NASDAQ:AAL) - P/E: 5.9
Mueller Industries has reported ...