Core Insights - The article emphasizes the importance of a ranking system focused on earnings estimates and revisions to identify winning stocks, while also considering various investment strategies like value, growth, and momentum [1][2] Group 1: Value Investing - Value investing is highlighted as a popular and successful strategy across different market environments, utilizing various valuation metrics to identify undervalued stocks [2] - The Zacks Style Scores system is introduced, particularly the "Value" category, which helps investors find stocks with high value grades and strong Zacks Ranks [3] Group 2: International Consolidated Airlines Group (ICAGY) - ICAGY is identified as a notable stock for value investors, currently holding a Zacks Rank of 2 (Buy) and a Value grade of A [4] - The stock is trading at a P/E ratio of 6.55, significantly lower than the industry average of 15.83, indicating potential undervaluation [4] - ICAGY's Forward P/E has fluctuated between 3.93 and 7.29 over the past year, with a median of 4.56 [4] - The company has a PEG ratio of 0.67, which is below the industry average of 0.77, further suggesting it may be undervalued [5] - The PEG ratio for ICAGY has ranged from 0.08 to 1.07 in the past year, with a median of 0.84 [5] - Overall, ICAGY is positioned as one of the market's strongest value stocks, supported by a solid earnings outlook [6]
Is International Consolidated Airlines Group (ICAGY) a Great Value Stock Right Now?