Why Kellanova (K) is a Top Value Stock for the Long-Term

Core Insights - The article emphasizes the importance of utilizing Zacks Premium for investors to enhance their stock market confidence and investment strategies [1]. Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [3][4][5][6][7]. Value Score - The Value Style Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow [4]. Growth Score - The Growth Style Score focuses on a company's financial strength and future outlook, analyzing projected and historical earnings, sales, and cash flow [5]. Momentum Score - The Momentum Style Score helps investors capitalize on price or earnings trends, utilizing factors like one-week price change and monthly earnings estimate changes [6]. VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stocks with attractive value, growth forecasts, and promising momentum [7]. Zacks Rank - The Zacks Rank is a proprietary stock-rating model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8][9]. Stock to Watch: Kellogg Company - Kellogg Company, headquartered in Battle Creek, MI, produces ready-to-eat cereals and convenience foods, maintaining a balanced portfolio of cereal and snack products [14]. - Kellogg Company holds a 3 (Hold) Zacks Rank with a VGM Score of A and a Value Style Score of B, supported by a forward P/E ratio of 21.59 and a recent increase in earnings estimates for fiscal 2024 [15]. - The company has an average earnings surprise of 10.9%, making it a notable consideration for investors [15][16].