Are Investors Undervaluing NN (NNBR) Right Now?

Core Insights - The article emphasizes the importance of value investing as a strategy to identify strong stocks in various market conditions [2] - NN (NNBR) is highlighted as a notable stock for value investors, currently holding a Zacks Rank 2 (Buy) and a Value grade of A [3] Company Metrics - NNBR has a PEG ratio of 0.60, which is lower than the industry average PEG of 0.83, indicating potential undervaluation [4] - The company has a P/B ratio of 1.9, significantly lower than the industry average P/B of 3.44, suggesting an attractive valuation [5] - Over the past 12 months, NNBR's P/B has fluctuated between a high of 2.33 and a low of 1.22, with a median of 1.79 [5] - The combination of NNBR's strong earnings outlook and its key metrics supports the conclusion that the stock is likely undervalued [6]