Best Value Stocks to Buy for August 2nd

Group 1: Independent Bank Corporation (IBCP) - Independent Bank Corporation is a bank holding company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 6.1% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 11.07, which is lower than the industry average of 12.50 [1] - Independent Bank possesses a Value Score of B [1] Group 2: Baytex Energy Corp. (BTE) - Baytex Energy Corp. is an energy company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.3% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.94, significantly lower than the S&P average of 22.36 [2] - Baytex Energy possesses a Value Score of A [2] Group 3: Silvercorp Metals Inc. (SVM) - Silvercorp Metals Inc. is a mining company with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 10.7% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 12.03, which is lower than the S&P average of 22.36 [3] - Silvercorp Metals possesses a Value Score of A [3]