Vancouver, British Columbia–(Newsfile Corp. – June 10, 2022) – Aftermath Silver Ltd. (TSXV: AAG) (OTCQX: AAGFF) (the “Company” or “Aftermath Silver”) is pleased to announce that it has entered into a non-binding term sheet (the “Term Sheet”) to sell its 100% interest in the Cachinal De La Sierra Silver-Gold Project (the “Cachinal Project” or “Cachinal”), located in the Cachinal de la Sierra area in Chile’s Antofagasta region (Region II) to Honey Badger Silver Inc. (TSXV: TUF) (“Honey Badger”). The proposed transaction includes an exclusivity period that ends on August 15, 2022. Aftermath Silver and Honey Badger are working diligently to finalize a definitive agreement on or before this date.

Ralph Rushton, President of Aftermath Silver, commented: “We’re pleased to announce the sale of the Cachinal silver-gold project to Honey Badger. Our priority is to advance the Berenguela silver-copper-manganese project in Peru, and the sale of Cachinal – which became non-core for us as our work at Berenguela progressed – represents the fastest way to potentially unlock value in the project for our shareholders. In addition to cash and share payments, we will receive production payments when commercial production starts and we will also retain an NSR.”

Transaction Summary

The Term Sheet contemplates that Honey Badger, or an affiliate, will acquire all of the issued and outstanding shares of Minera Cachinal S.A., a wholly-owned subsidiary of Aftermath, according to the following terms:

  • Share Payment: C$1,000,000 in shares of Honey Badger payable at closing and priced at the greater of: (i) the volume weighted average share price of the Honey Badger common shares on the TSXV for a period of thirty (30) trading days immediately preceding the date of announcement of the transaction and (ii) the maximum discounted price allowed under the policies of the TSXV.

  • Cash Payments: a) C$400,000 payable at closing, b) C$452,000 six months after closing, c) C$400,000 on May 21, 2023 and d) C$400,000 eighteen months after closing.

  • Royalty: Honey Badger shall grant a 1% Net Smelter Return Royalty with a complete buyback option at Honey Badger’s sole discretion for a purchase price of C$8,500,000;

  • Production Payments: Upon commencement of commercial production, Honey Badger shall pay in cash or shares at Aftermath’s option, C$0.50 per payable silver ounce produced at the Cachinal Project, capped at C$2,000,000 in payments.

The detailed terms and conditions of the proposed transaction will be set out in definitive documentation to be negotiated between the parties, which will contain customary representations, warranties and covenants of the parties as well as customary indemnities and closing conditions. There can be no assurance that the proposed transaction will be completed on the terms contemplated, or at all. Readers are referred to the section below entitled: “Cautionary Note Regarding Forward-Looking Information”.

While the Term Sheet is non-binding, the parties have agreed to a mutual break fee of C$250,000 in the event a definitive agreement is not entered into prior to the expiry of the exclusivity period due to a party’s action or inaction, subject to certain exceptions outside the control of the parties. The proposed transaction will be subject to regulatory approval, including the approval of the TSX Venture Exchange (the “TSXV”).

Qualified Person

Michael Parker, a Fellow of the AusIMM and a non-independent director of Aftermath, is a non-independent qualified person, as defined by NI 43-101. Mr. Parker has reviewed the technical content of this news release and consents to the information provided in the form and context in which it appears.

About Aftermath Silver Ltd.

Aftermath Silver Ltd is a leading Canadian junior exploration company focused on silver, and aims to deliver shareholder value through the discovery, acquisition and development of quality silver projects in stable jurisdictions. Aftermath has developed a pipeline of projects at various stages of advancement. The Company’s projects have been selected based on growth and development potential.

  • Berenguela Silver-Copper project. The Company has an option to acquire a 100% interest through a binding agreement with SSR Mining. The project is located in the Department of Puno, in southern central Peru. A NI 43-101 Technical Report on the property was filed in February 2021 (available on SEDAR and the Company’s web page). The Company is currently drilling at Berenguela and planning to advance the project through a pre-feasibility study.

  • Challacollo Silver-Gold project. The Company has an option to acquire 100% interest in the Challacollo silver-gold project through a binding agreement with Mandalay Resources; see Company news release dated June 27th, 2019. A NI 43-101 mineral resource was released on December 15, 2020 (available on SEDAR and the Company’s web page). The Company is currently permitting road access in anticipation of an upcoming drill program.

  • Cachinal Silver-Gold project. The Company recently agreed terms to sell its interest in the Cachinal Ag-Au project, located 2.5 hours south of Antofagasta to Honey Badger Silver Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

“Ralph Rushton”

Ralph RushtonCEO and Director604-484-7855

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

Certain of the statements and information in this news release constitute “forward-looking information” within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to interpretation of exploration programs and drill results, predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “is expected”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”, “forecasts”, “objectives”, “budgets”, “schedules”, “potential” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking statements. Although the Company believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward‐looking statements. Factors that could cause actual results to differ materially from those in forward‐looking statements include, but are not limited to, changes in commodities prices; changes in expected mineral production performance; unexpected increases in capital costs; exploitation and exploration results; continued availability of capital and financing; and general economic, market or business conditions. In addition, forward‐looking statements are subject to various risks, including but not limited to operational risk; political risk; currency risk; capital cost inflation risk; that data is incomplete or inaccurate. The reader is referred to the Company’s filings with the Canadian securities regulators for disclosure regarding these and other risk factors, accessible through Aftermath Silver’s profile at www.sedar.com.

There is no certainty that any forward‐looking statement will come to pass and investors should not place undue reliance upon forward‐looking statements. The Company does not undertake to provide updates to any of the forward‐looking statements in this release, except as required by law.

Cautionary Note to US Investors – Mineral Resources

This News Release has been prepared in accordance with the requirements of NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards, which differ from the requirements of U.S. securities laws. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian public disclosure standards, including NI 43-101, differ significantly from the requirements of the United States Securities and Exchange Commission, and information concerning mineralization, deposits, mineral reserve and resource information contained or referred to herein may not be comparable to similar information disclosed by U.S. companies.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127370

In this article, we discuss the 10 stocks to buy when everyone is selling. If you want to read about some more stocks to buy when everyone is selling, go directly to 5 Stocks to Buy When Everyone is Selling

On May 20, the benchmark S&P 500 Index fell 20% from a recent high in January. The index is the broadest measure of the overall health of the market and a 20% fall indicated that the stocks had officially entered a bear market. Traditionally, a bear market represents investor pessimism and brings about a sustained market selloff. However, the panic also presents an opportunity to pick up the shares of companies that have long-term growth potential at bargain prices. Smart investors, like Warren Buffett, have historically benefited from bear markets. 

At the annual shareholder meeting of Berkshire Hathaway, Buffett touched on some of the bets that his company had made in the past few months as the market slumped. The legendary value investor, who holds over $150 billion in cash for these “situations”, revealed that he had spent nearly $51 billion on equities in the first three months of 2022. As a result, the cash stake of his company was reduced to around $106 billion. Buffett assured investors that the cash stockpile would grow again as Berkshire has stakes in many cash-generating firms. 

The stock market activity of Buffett is representative of the mindset of the hedge fund industry in general. Apart from value investors like Buffett, famous growth bulls like Brad Gerstner have also urged investors to buy stocks that could be “worth more in the future” during the sell-off. Some of the stocks that hedge funds think will provide investors with handsome returns in the long-term include Meta Platforms, Inc. (NASDAQ:FB), Mastercard Incorporated (NYSE:MA), and Apple Inc. (NASDAQ:AAPL). 

Our Methodology

The companies that are best positioned to gain value in the future but are trading at a discount due to a weak economy and inflation were selected for the list. The business fundamentals and analyst ratings of these firms are also discussed to provide further context. Hedge fund sentiment was included as a classifier as well. Data from around 900 elite hedge funds tracked by Insider Monkey was used to quantify the hedge fund sentiment around each stock. 

10 Stocks to Buy When Everyone is Selling

Image by MayoFi from Pixabay

Stocks to Buy When Everyone is Selling10. BHP Group (NYSE:BHP)

Number of Hedge Fund Holders: 21

BHP Group (NYSE:BHP) is a diversified metals and mining firm. Mike Henry, the CEO of the company, recently stated at a mining conference that supply chain disruptions in the mining sector due to COVID-19 and the Ukraine invasion could take over two years to resolve. As a result of these disruptions, as well as a slash in the reference benchmark rate for mortgages in China, the prices of base metals have surged in the past few days, benefiting the stock. The firm also has an impressive dividend history stretching back thirteen years. 

On April 21, Citi analyst Ephrem Ravi upgraded BHP Group (NYSE:BHP) stock to Buy from Neutral and raised the price target to GBP 3,200 from GBP 2,750, noting that the cash flow generation of the firm was up strongly due to higher iron prices and was “too much to ignore”. 

Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in BHP Group (NYSE:BHP) as of Q1 2022, with 16.9 million shares worth more than $1.3 billion. 

Just like Meta Platforms, Inc. (NASDAQ:FB), Mastercard Incorporated (NYSE:MA), and Apple Inc. (NASDAQ:AAPL), BHP Group (NYSE:BHP) is one of the stocks that elite investors are buying as the market selloff continues. 

In its Q1 2021 investor letter, Harding Loevner, an asset management firm, highlighted a few stocks and BHP Group (NYSE:BHP) was one of them. Here is what the fund said:

“Our purchase of Australian mining company BHP Group (NYSE:BHP) is an example of a quality company at a moderate valuation that should deliver attractive long-term returns. We believe the market has undervalued its enduring competitive advantage due to its low cost iron and copper mining operations which has allowed the company to deliver consistent profits and cash flows across the inevitable ups and downs of the global metals cycle. While the variability of commodity prices prevents BHP Group (NYSE:BHP) from scoring in the top ranks of measured quality, we are willing to bear some of that uncertainty in return for a more attractive valuation given the company’s strong business fundamentals.”

9. Bristol-Myers Squibb Company (NYSE:BMY)

Number of Hedge Fund Holders: 66   

Bristol-Myers Squibb Company (NYSE:BMY) develops and sells biopharmaceutical products. The healthcare sector is one of the safest bets in times of uncertainty due to the high percentage of insured population in the United States. The firm can expect to earn around $29 billion through the drugs it markets by 2029 since patents in the health sector are issued for ten years or more. The firm is also one of the largest drug firms in the US where an average citizen spends around 8% of the salary on health insurance. 

On May 2, Truist analyst Robyn Karnauskas maintained a Buy rating on Bristol-Myers Squibb Company (NYSE:BMY) stock and raised the price target to $81 from $76, noting there was potential upside from expansion opportunities across the drug portfolio of the firm. 

At the end of the fourth quarter of 2021, 66 hedge funds in the database of Insider Monkey held stakes worth $3.3 billion in Bristol-Myers Squibb Company (NYSE:BMY), compared to 74 in the previous quarter worth $4.7 billion.

In its Q4 2021 investor letter, Saturna Capital, an asset management firm, highlighted a few stocks and Bristol-Myers Squibb Company (NYSE:BMY) was one of them. Here is what the fund said:

“Given the likelihood of rising inflation and interest rates ahead, we anticipate adjustments to the portfolio to reduce exposure to highly valued stocks dependent on low interest rates to support terminal year valuations, while seeking investments in companies more correlated with a return to economic normalcy. We sold our positions in Bristol-Myers Squibb Company (NYSE:BMY). We believe there are better opportunities than Bristol-Myers Squibb Company (NYSE:BMY) in pharmaceuticals.”

8. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 70

The Coca-Cola Company (NYSE:KO) makes and sells beverages. The company is one of the most reliable dividend players in the market, with a history of consecutive payouts stretching back close to six decades in a sector where the median in this regard is just two years. In late April, the firm declared a quarterly dividend of $0.44 per share, in line with previous. During the first quarter of 2022, the company grew organic sales by 18% against estimates of 9.5%. 

On April 26, Guggenheim analyst Laurent Grandet maintained a Buy rating on The Coca-Cola Company (NYSE:KO) stock and raised the price target to $71 from $68, noting the firm was best placed to benefit from inflation given the pricing power it enjoyed. 

Among the hedge funds being tracked by Insider Monkey, Nebraska-based firm Berkshire Hathaway is a leading shareholder in The Coca-Cola Company (NYSE:KO), with 400 million shares worth more than $23 billion. 

In its Q4 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and The Coca-Cola Company (NYSE:KO) was one of them. Here is what the fund said:

“Over the last year, we have repositioned our portfolio to navigate the course we see ahead. We added to more defensive areas of the portfolio like consumer staples (The Coca-Cola Company (NYSE:KO)). While the next month or two will likely prove choppy on account of the Omicron variant, we believe that Omicron, like Delta, represents a speed bump on the way to recovery rather than a true change in course. We see strong economic momentum continuing in 2022 and we expect interest rates to rise. After a decade of remarkably low rates, we would not be surprised if this change in direction is accompanied by some fits and starts in the markets. With our emphasis on pricing power, purposeful sector exposure, valuation discipline, and a strong dividend profile, we believe we are well-positioned for the year ahead.”

7. Johnson & Johnson (NYSE:JNJ)

Number of Hedge Fund Holders: 83

Johnson & Johnson (NYSE:JNJ) makes and sells healthcare products. The company makes and sells COVID-19 vaccines, putting it in a leading position to benefit from the recent spike in virus cases across the United States. The stock is also trading at around 16% below the record high of $189 it touched almost a month ago. This decline presents an opportunity to buy as the firm posted strong earnings for the first quarter of 2022 recently and has a diversified business that greatly reduces overall risk for the investor in a volatile market. 

On April 20, Credit Suisse analyst Matt Miksic kept an Outperform rating on Johnson & Johnson (NYSE:JNJ) stock and raised the price target to $205 from $200, noting the firm had demonstrated “better-than-expected growth across its MedTech businesses” in the first quarter.

At the end of the fourth quarter of 2021, 83 hedge funds in the database of Insider Monkey held stakes worth $7.3 billion in Johnson & Johnson (NYSE:JNJ), compared to 88 in the previous quarter worth $6.8 billion.

6. Thermo Fisher Scientific Inc. (NYSE:TMO)

Number of Hedge Fund Holders: 95  

Thermo Fisher Scientific Inc. (NYSE:TMO) markets analytical instruments, specialty diagnostics, and laboratory products. The firm is emerging as a strong dividend player, registering five consecutive years of growth in this regard. Over the past decade, the company has grown revenues by over 200%, or 13.5% annualized. Operating income during the period has improved as well, totaling 23.2% annualized. The gross profits and free cash flows for the company are growing faster than revenues. 

In late April, Thermo Fisher Scientific Inc. (NYSE:TMO) posted earnings for the first quarter of 2022, reporting earnings per share of $7.25, beating estimates by $1.04. The revenue over the period was $11.8 billion, up over 19% year-on-year. 

At the end of the fourth quarter of 2021, 95 hedge funds in the database of Insider Monkey held stakes worth $9.4 billion in Thermo Fisher Scientific Inc. (NYSE:TMO), up from 94 in the preceding quarter worth $8.2 billion. 

In addition to Meta Platforms, Inc. (NASDAQ:FB), Mastercard Incorporated (NYSE:MA), and Apple Inc. (NASDAQ:AAPL), Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the stocks that smart investors are monitoring in the bear market. 

In its Q4 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Thermo Fisher Scientific Inc. (NYSE:TMO) was one of them. Here is what the fund said:

“Improving health remains a key impact theme for the portfolio, and over the past year or so we have increased our exposure to the health care sector, through the addition of Thermo Fisher Scientific Inc. (NYSE:TMO), a leading health care tools company, a leading provider of fertility benefit management services to self-insured employers that offers a rare win-win-win for employers, employees, health systems, and doctors, with clear savings and quality improvements.”

       

Click to continue reading and see 5 Stocks to Buy When Everyone is Selling.

 

Suggested Articles:

 

Disclosure. None. 10 Stocks to Buy When Everyone is Selling is originally published on Insider Monkey.

By Sonali Paul

BRISBANE (Reuters) -Woodside Petroleum's shareholders on Thursday voted for a merger with BHP Group's petroleum arm to create a top 10 global independent oil and gas producer worth $40 billion, according to a vote count at the company's annual meeting.

Of the total final votes, 98.66% were in favour of the deal.

The merger, agreed last August, advances top global miner BHP's effort to move away from fossil fuels, as it looks to decarbonise, while doubling Woodside's oil and gas production and beefing up its funding for growth.

"The merger is an opportunity for Woodside to increase its contribution to the world's growing energy needs and build the scale, resilience and diversity to thrive through the energy transition," Chief Executive Officer Meg O'Neill told shareholders.

BHP will be paid in Woodside shares, giving BHP investors a 48% stake in the merged group, which will have assets in Australia, the United States, Mexico, Senegal and Trinidad.

While backing the merger, shareholders were disappointed with Woodside's climate plan, which does not set targets for reducing its customers' emissions, called Scope 3 emissions.

Nearly 49% of the votes were against the climate plan, which Woodside put to an advisory vote for the first time.

Two proxy advisers recommended voting against the plan.

Woodside Chairman Richard Goyder ordered the microphone to be cut off after one proxy for a shareholder asked whether the company's plans to invest in fossil fuels were "morally mad, economically mad or both", to which the chairman replied, "Or neither".

However, Goyder said the company clearly needs to engage more with shareholders to explain that its plans are in line with Paris Agreement goals.

O'Neill said Woodside's strategy on Scope 3 is to come up with clean products, such as hydrogen, for its customers.

(Reporting by Sonali Paul; Editing by Christopher Cushing and Rashmi Aich)

By Sonali Paul

MELBOURNE (Reuters) – Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June, Chief Executive Meg O'Neill said on Tuesday.

Woodside shareholders are set to vote on Thursday on a $40 billion merger to create a top 10 global independent oil and gas producer. BHP shareholders will hold a 48% stake in the enlarged group to be called Woodside Energy.

There have been concerns that investors who own BHP shares but do not currently hold Woodside may seek to dump the Woodside shares they will be issued in the deal.

However O'Neill said her conversations with BHP shareholders were going "really well" in explaining the expected returns from the enlarged group, its capital management framework and the strength of the balance sheet.

Woodside has also been talking to U.S. investors to highlight the differences between it and independent peers in the United States, which are focused on shale production and oil, in contrast to Woodside's offshore oil and gas and liquefied natural gas (LNG) assets.

"At the end of the day, we believe there'll be demand for Woodside shares that outpaces the supply that's available. So we think the flowback risk is largely mitigated," O'Neill told reporters on the sidelines of the Australian Petroleum Production and Exploration Association's annual conference.

"But that said, I do recognise this is a big transaction. We are issuing a large number of new shares, so we expect we'll see a bit of volatility for the next few months. But I don't think it will be enduring."

She said only a small number of BHP shareholders are in jurisdictions where they will not be able to hold Woodside shares, such as South Africa.

Assuming the deal goes ahead, Woodside is well positioned to benefit from European and Asian buyers seeking alternatives to Russian supply, which has been curtailed by sanctions.

O'Neill told Reuters the company's $4.6 billion Sangomar oil project in Senegal, where the company has been looking to sell down its 82% stake since July, has attracted "a bit more interest" in the wake of the Ukraine conflict.

"Obviously with commodity prices where they are, people are seeing near-term opportunity from this asset," she said.

Sangomar, due to start up in 2023, will produce sour crude similar to Russia's Urals crude, which European refiners use.

"So we do expect there'll be a lot of interest in the market from the European refiners for the Senegalese grades," O'Neill told Reuters.

(Reporting by Sonali Paul; Editing by Richard Pullin and Kenneth Maxwell)

BHP shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 78 to 81.

Honey Badger Exploration Inc.

TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (OTCQB: HBEIF) (“Honey Badger” or the “Company”) is pleased to announce that it has received a 10-year Class 3 Quartz Mining Land Use Approval (“Land Use Approval”) from the Yukon Government for its high-grade Plata Silver Property (“Plata”) located in east-central Yukon.

The Land Use Approval allows Honey Badger to perform ground exploration activities that allow for up to 300 diamond drill and 300 reverse circulation holes, each for a total length of 30,000 metres, significant trenching and bulk sampling, as well as road construction, as required, to define areas of mineralization on the property.

Chad Williams, Chairman of Honey Badger stated, “Plata has produced high-grade silver from small-scale mining in the past and currently hosts 32 showings(1), many of which have returned high-grade silver, lead and zinc values, from drilling and trenching. We are looking forward to unlocking the extraordinary potential we believe Plata possesses.”

Technical information in this news release has been approved by Heather Burrell, P.Geo., a senior geologist with Archer Cathro and qualified person for the purpose of National Instrument 43-101.

Notes: (1)Assessment Report Describing Compilation and Digitization of Historical Data of the Plata Property, prepared by Archer, Cathro & Associates (1981) Limited for Strategic Metals Ltd., J. Morton, P. Geo., June 2020

For more information, please visit our website above, or contact:

Christina Slater: cslater@honeybadgersilver.com (647) 848-1009 https://honeybadgersilver.com

ON BEHALF OF THE BOARD

Chad Williams Chairman and Director

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development and integration of accretive transactions of silver ounces. The Company is led by a highly- experienced leadership team with a track record of value creation, backed by a skilled technical team. With a dominant land position in Ontario’s historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon including the Plata property 180 kms to the east of the Keno Hill silver district, Honey Badger is positioning to be a top-tier silver company.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release and any other information herein that is not a historical fact may be "forward-looking information".

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

For Immediate Release

Chicago, IL – April 29, 2022 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/1910543/lessons-from-the-grande-dame-of-dividends

Lessons from the Grande Dame of Dividends

Welcome to Episode #279 of the Value Investor Podcast.

 

  • (0:15) -Zacks Market Edge Podcast Archive

  • (2:10) – Lessons From A Investing Newsletter Legend: Geraldine Weiss

  • (13:15) – Tracey’s Top Stock Picks: Stock Screen Breakdown

  • (28:45) – Episode Roundup: BHP, DVN, DOW, WSBC, WPC

  • Podcast@Zacks.com

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

This week, the New York Times featured an obituary on investing legend Geraldine Weiss. She died at age 96 in California.

According to the obituary, which Weiss gave an interview for in March, she started the Investment Quality Trends newsletter in 1966, and retired from editing it in 2002 at age 76.

It's focus was on dividends because, she said in the obituary, dividends represent the here and now. She became known as the "grande dame of dividends."

Her strategy combined both fundamental and technical analysis, which was rare for that time period.

Can you find Geraldine Weiss stocks in 2022?

Screening for Geraldine Weiss Dividend Stocks

Zacks doesn't have a predefined screen with Geraldine's strategy, but maybe it should. Instead, Tracey recreated it by combining the Zacks Ranks of #1 (Strong Buy) and #2 (Buy) with a dividend yield over 4% and at least 5 years of dividend growth.

This screen returned 47 stocks.

5 Top Ranked Dividend Stocks Yielding Over 4%

1.       BHP Group (BHP)

BHP Group is an Australian mining giant which mines copper, iron ore and nickel.

Shares are up 11.5% year-to-date but are still cheap, on a P/E basis, with a forward P/E of just 7.7.

BHP Group is paying out a juicy yield of 9.3%.

Is it time to get a piece of BHP Group's payout?

2.       Devon Energy (DVN)

Devon Energy is an oil and natural gas company. Shares are up 32% year-to-date as energy remains the best performing sector on Wall Street.

Devon Energy is paying both a fixed, and a variable, dividend thanks to record free cash flow. Combined, the dividend yield was 7.1%.

But Devon Energy is about to report first quarter results which are expected to be red-hot due to elevated crude and natural gas prices in 2022. Will the yield rise?

Devon Energy remains dirt cheap, even with the shares surging, with a forward P/E of 6.6.

Is Devon Energy the perfect combination of both growth and income?

3.       Dow Inc. (DOW)

Dow has already reported its first quarter results. It saw sales up 28% year-over-year as it saw strong demand across its end markets.

Dow is paying a dividend yielding 4.2%.

Shares are up 20% year-to-date but remain cheap, with a forward P/E of just 8.4.

Should Dow be on your short list?

4.       WesBanco, Inc. (WSBC)

WesBanco is a West Virginia-based regional bank. Shares have fallen 5% year-to-date and have a forward P/E of 12.9.

WesBanco shares currently yield 4.2%. It has a 5-year historic growth rate of 5.5%.

Should investors be looking at the banks with the Federal Reserve raising rates in 2022?

5.       W.P. Carey Inc. (WPC)

W.P. Carey is a REIT that focuses on commercial real estate in the industrial, warehouse, office, retail and self-storage areas. It has properties in the United States and Northern and Western Europe.

Shares are up 3.1% year-to-date and have a forward P/E of just 16.

W.P. Carey pays a dividend yielding 5%. It will report earnings on Apr 29, 2022.

Are REITs like W.P. Carey back in favor 2 years after the start of the COVID pandemic?

What Else do you Need to Know About Geraldine Weiss and Dividend Investing?

Tune into this week's podcast to find out.

Why Haven't You Looked at Zacks' Top Stocks?

Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.

See Stocks Free >>

Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time!  Click here for your free subscription to Profit from the Pros.

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch/

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/performance

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Devon Energy Corporation (DVN) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Dow Inc. (DOW) : Free Stock Analysis Report W.P. Carey Inc. (WPC) : Free Stock Analysis Report WesBanco, Inc. (WSBC) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Investors interested in stocks from the Mining – Miscellaneous sector have probably already heard of BHP (BHP) and MP Materials Corp. (MP). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.

BHP and MP Materials Corp. are both sporting a Zacks Rank of # 1 (Strong Buy) right now. Investors should feel comfortable knowing that both of these stocks have an improving earnings outlook since the Zacks Rank favors companies that have witnessed positive analyst estimate revisions. But this is only part of the picture for value investors.

Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.

Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.

BHP currently has a forward P/E ratio of 8.16, while MP has a forward P/E of 28.85. We also note that BHP has a PEG ratio of 2.72. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. MP currently has a PEG ratio of 4.32.

Another notable valuation metric for BHP is its P/B ratio of 1.83. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, MP has a P/B of 7.05.

These metrics, and several others, help BHP earn a Value grade of B, while MP has been given a Value grade of F.

Both BHP and MP are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that BHP is the superior value option right now.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report MP Materials Corp. (MP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson.

So if you're like me, you might be more interested in profitable, growing companies, like BHP Group (ASX:BHP). While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. In comparison, loss making companies act like a sponge for capital – but unlike such a sponge they do not always produce something when squeezed.

See our latest analysis for BHP Group

How Quickly Is BHP Group Increasing Earnings Per Share?

As one of my mentors once told me, share price follows earnings per share (EPS). That makes EPS growth an attractive quality for any company. It certainly is nice to see that BHP Group has managed to grow EPS by 23% per year over three years. If the company can sustain that sort of growth, we'd expect shareholders to come away winners.

I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. The good news is that BHP Group is growing revenues, and EBIT margins improved by 11.0 percentage points to 50%, over the last year. Ticking those two boxes is a good sign of growth, in my book.

You can take a look at the company's revenue and earnings growth trend, in the chart below. Click on the chart to see the exact numbers.

earnings-and-revenue-history

Fortunately, we've got access to analyst forecasts of BHP Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.

Are BHP Group Insiders Aligned With All Shareholders?

We would not expect to see insiders owning a large percentage of a AU$233b company like BHP Group. But we are reassured by the fact they have invested in the company. To be specific, they have US$50m worth of shares. That's a lot of money, and no small incentive to work hard. Even though that's only about 0.02% of the company, it's enough money to indicate alignment between the leaders of the business and ordinary shareholders.

Is BHP Group Worth Keeping An Eye On?

For growth investors like me, BHP Group's raw rate of earnings growth is a beacon in the night. I think that EPS growth is something to boast of, and it doesn't surprise me that insiders are holding on to a considerable chunk of shares. So this is very likely the kind of business that I like to spend time researching, with a view to discerning its true value. Don't forget that there may still be risks. For instance, we've identified 2 warning signs for BHP Group (1 can't be ignored) you should be aware of.

You can invest in any company you want. But if you prefer to focus on stocks that have demonstrated insider buying, here is a list of companies with insider buying in the last three months.

Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

TORONTO, ON / ACCESSWIRE / April 28, 2022 / Honey Badger Silver Inc. (TSX-V:TUF)(OTCQB:HBEIF), the silver-focused mineral company based in Toronto, Canada with an extensive portfolio of interests in the Thunder Bay Cobalt-Silver District and in southeast and south central Yukon, today announced that it will be presenting at the Planet MicroCap Showcase 2022 at the Bally's Hotel & Casino in Las Vegas, NV on Wednesday, May 4, 2022 at 5:30PM PST. John H Hill, Director of Honey Badger Silver Inc., will be hosting the presentation and answering questions from investors, as well as, in person, 1-on-1 investor meetings over two days.

To access the live presentation, please use the following information:

Planet MicroCap Showcase 2022 in Las VegasDate: Wednesday, May 4, 2022Time: 8:30 PM Eastern Time/ 5:30 PM Pacific TimeWebcast: https://www.webcaster4.com/Webcast/Page/2862/45111

If you would like to book 1on1 investor meetings with Honey Badgr Silver Inc., and to attend the Planet MicroCap Showcase 2022, please make sure you are registered here: https://planetmicrocapshowcase.com/signup

1on1 meetings will be scheduled and conducted in person at the conference venue.

The Planet MicroCap Showcase 2022 website is available here: https://planetmicrocapshowcase.com/

If you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": https://planetmicrocapshowcase.com/agenda

News Compliments of Accesswire

About Honey Badger Silver Inc.

Honey Badger Silver is a Canadian silver company based in Toronto, Ontario focused on the acquisition, development and integration of accretive transactions of silver ounces. The Company is led by a highly- experienced leadership team with a track record of value creation, backed by a skilled technical team. With a dominant land position in Ontario's historic Thunder Bay Silver District and advanced projects in the southeast and south-central Yukon including the Plata property 180 kms to the east of the Keno Hill silver district, Honey Badger is positioning to be a top-tier silver company.

About SNN.Network

SNN.Network is your multimedia financial news platform for discovery, transparency and due diligence. This is your one-stop hub to find new investment ideas, check in on watchlist, gather the most up-to-date information on the Small-, Micro-, Nano-Cap market with the goal to help you towards achieving your wealth generation goals. Follow the companies YOU want to know more about; read and watch content from YOUR favorite finance and investing influencers; create YOUR own watchlist and screen for ideas YOU'RE interested in; find out about investor conferences YOU want to attend – all here on SNN.Network.

If you would like to attend the Planet MicroCap Showcase, please register here: https://planetmicrocapshowcase.com/signup

Contact:Name: Christina SlaterPhone: 647-249-9301Address: 2704-401 Bay Street Toronto, Ontario, M5H 2Y4Email: cslater@honeybadgersilver.com

SOURCE: Honey Badger Silver Inc. via SNN Network

View source version on accesswire.com: https://www.accesswire.com/699291/Honey-Badger-Silver-Incto-Present-at-the-Planet-MicroCap-Showcase-2022-in-Las-Vegas-on-Wednesday-May-4-2022

(Bloomberg) — U.K. dividends are now seen reaching 92.2 billion pounds ($116.4 billion) this year thanks to a boost from commodities firms, providing an additional lift to one of Europe’s best-performing stock markets.

Most Read from Bloomberg

That’s the view of consulting firm Link Group Plc, which cited higher payouts from mining and oil companies, as well as the contribution from U.K. bank dividends, for a 4.5 billion-pound hike to its January forecast.

Adjusted underlying payouts — excluding special dividends and accounting for the shift of mining giant BHP Group Ltd away from a primary listing in London earlier this year — will rise 15% to 85.8 billion pounds, the report said.

“Commodity and oil prices have soared, bolstering the prospects for two of the U.K.’s biggest dividend paying sectors, while banking payouts continue their post-Covid-19 recovery at a slightly faster pace than we expected,” said Ian Stokes, managing director, corporate markets U.K. and Europe at Link Group.

After slumping in the aftermath of the pandemic, dividends have been bouncing back from a nine-year low of 64.4 billion in 2020, according to Link Group’s data. In the first quarter, U.K. payouts were up 12.2% excluding special dividends and BHP’s impact, the report said.

U.K. stocks have outperformed most other major benchmarks this year, partly due to the high proportion of oil and mining stocks in the U.K.’s gauge. The country’s FTSE 100 Index — little changed year-to-date compared with a more than 10% decline for the S&P 500 Index — also still offers one of the highest forward dividend yields globally, at about 4%.

Still, the reliance on commodities sectors for payouts carries risks.

“The mining sector cannot sustain its breakneck pace of dividend increases nor the size of its special dividends indefinitely, but the boom continues for now,” Stokes said, adding that the war in Ukraine was partly responsible as it has pushed commodities prices higher.

Other risks for U.K. companies — and their dividends — this year come from input cost pressures weighing on margins and the squeeze on U.K. consumers.

“Mid-cap companies are likely to suffer a greater impact from the constraints on consumer demand caused by cost-of-living increases, but the biggest companies are more insulated or are even benefiting – notably the oil and mining sectors,” the report said.

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

(Bloomberg) — Australia’s top natural gas exporter is exploring new investments on top of the $12 billion Scarborough development that it approved last year on expectations that new supply will be needed to alleviate market tightness.

Most Read from Bloomberg

The lead contender is the Browse development, Meg O’Neill, the chief executive officer of Perth-based Woodside Petroleum Ltd. said in an interview. That multibillion-dollar collaboration with majors including BP Plc and Shell Plc has struggled to get off the ground, with a previous plan to develop it into a floating LNG plant scrapped in 2016 because of weak prices.

The war in Ukraine, which has led to nations avoiding purchases from top exporter Russia, the energy transition and surging demand are creating a period of upheaval that has seen an unprecedented tightening of natural gas supply. Woodside and other Australian producers are joining their peers from the U.S. to Qatar in exploring ways to boost exports and bridge the worsening deficit.

“The industry has under-invested for the last few years,” O’Neill said by telephone. “We are seeing the market being structurally tight — to be able to address that, more investment is required.”

Europe is expected to boosts imports of liquefied natural gas to curb dependence on Russian pipeline fuel, outpacing additional supplies and keeping prices elevated. The high rates have benefited Woodside, which on Tuesday said that its first quarter sales roughly doubled from the same period last year.

A planned merger with BHP Group’s oil and gas business could also help unlock investments in fields outside Australia, according to O’Neill. BHP has several gas assets in Trinidad & Tobago, which could potentially supply that nation’s Atlantic LNG export plant, she said.

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

The basic materials sector gives investors much more to think about than how well its individual companies are managed.

BHP (BHP) has been beaten down lately with too much selling pressure. While the stock has lost 12.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.

Here is How to Spot Oversold Stocks

We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements.

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30.

Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal.

So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound.

However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision.

Why BHP Could Bounce Back Before Long

The RSI reading of 28.16 for BHP is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand.

This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering BHP in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 2.5% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term.

Moreover, BHP currently has a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. BHP (BHP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.

BHP is a member of our Basic Materials group, which includes 240 different companies and currently sits at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BHP is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for BHP's full-year earnings has moved 30.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that BHP has returned about 12.7% since the start of the calendar year. Meanwhile, the Basic Materials sector has returned an average of 7.6% on a year-to-date basis. This means that BHP is outperforming the sector as a whole this year.

Carpenter Technology (CRS) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 38.5%.

In Carpenter Technology's case, the consensus EPS estimate for the current year increased 5.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, BHP belongs to the Mining – Miscellaneous industry, a group that includes 49 individual companies and currently sits at #51 in the Zacks Industry Rank. On average, this group has gained an average of 16.8% so far this year, meaning that BHP is slightly underperforming its industry in terms of year-to-date returns.

In contrast, Carpenter Technology falls under the Steel – Speciality industry. Currently, this industry has 4 stocks and is ranked #8. Since the beginning of the year, the industry has moved +48.2%.

Going forward, investors interested in Basic Materials stocks should continue to pay close attention to BHP and Carpenter Technology as they could maintain their solid performance.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Carpenter Technology Corporation (CRS) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

For Immediate Release

Chicago, IL – April 25, 2022 – Zacks Value Investor is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here: https://www.zacks.com/stock/news/1904894/focus-on-where-the-stock-bulls-are-charging

Focus on Where the Stock Bulls Are Charging

Welcome to Episode #278 of the Value Investor Podcast.

 

  • (1:00) – Is Now The Time For Value Stocks To Outperform?

  • (9:30) – Finding Stocks On A Bull Run: Tracey’s Top Stock Picks

  • (23:10) – Episode Roundup: JPM, BAC, KEY, PNC, CMA, OXY, CVX, BHP, FCX, MOS, NTR, CF, IPI

  • Podcast@Zacks.com

 

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

In 2022, there has been a lot of angst as the growth stocks, especially the technology stocks, that have been in a strong bull market for the last 9 years, have lagged. And there doesn't appear to be a catalyst that will turn them around.

Meanwhile, there have been several bull rallies in other sector, namely among value stocks.

The best performing sector in 2022 is energy. But agriculture and mining stocks aren't too far behind.

The banks, on the other hand, have actually had a correction in 2022 with some banks down nearly 20%. They are cheaper than ever even as the Federal Reserve has said they will be aggressively raising rates this spring.

Don't live in the past. Value has taken the baton in 2022.

It's time to focus on where the bulls are charging.

5 Value Stocks to Buy Now

1.       JPMorgan Chase (JPM)

JPMorgan Chase is cheap in 2022. Shares are down 17.6% year-to-date and it trade with a forward P/E of just 11.8.

JPMorgan Chase pays a nice dividend, currently yielding 3%.

Is now the time to jump into JPMorgan Chase, one of the largest banks in America?

2.       Bank of America (BAC)

Bank of America is another of the large US banks. Wall Street has sold off its shares too, with Bank of America falling 12.4% year-to-date. That's worse than the 6.4% drop in the S&P 500 in 2022.

Shares are cheap too, with a forward P/E of just 12.1.

Bank of America also pays a dividend, currently yielding 2.1%.

Should Bank of America, which is also in Berkshire Hathaway's portfolio, be on your short list?

3.       KeyCorp (KEY)

KeyCorp is a large regional bank headquartered in Cleveland, OH. Shares are down 8.7% year-to-date.

KeyCorp is dirt cheap, with a forward P/E of just 9.9. It also pays a juicy dividend, currently yielding 3.6%.

If you're interested in regional bank powerhouses, should KeyCorp be on your list?

4.       BHP Group Ltd. (BHP)

BHP Group is a mining giant headquartered in Australia. Unlike the banks, year-to-date, its shares are actually up 18.3%.

But BHP Group remains cheap. It's trading at just 9.1x forward earnings.

It pays a big dividend, currently yielding 9%.

Should value investors be looking at BHP Group?

5.       Freeport McMoran (FCX)

Freeport McMoran is one of the largest copper miners in the world. It also mines gold. With copper prices at new multi-year highs, earnings are on the rise.

Shares sold off on the recent earnings report, but are still up 7.2% year-to-date.

Freeport McMoran is cheap. It's forward P/E is just 12.7.

It also pays a dividend, which is yielding 1.2%. But as commodity prices rise, so will the payouts to shareholders.

Is it time to buy Freeport McMoran?

What Else Do You Need to Know About the Charging Bulls?

Tune into this week's podcast to find out.

Why Haven't You Looked at Zacks' Top Stocks?

Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.

See Stocks Free >>

Tracey Ryniec is the Value Stock Strategist for Zacks.com. She is also the Editor of the Insider Trader and Value Investor services. You can follow her on twitter at @TraceyRyniec and she also hosts the Zacks Market Edge Podcast on iTunes.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time!  Click here for your free subscription to Profit from the Pros.

Follow us on Twitter:  https://twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch/

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

support@zacks.com

https://www.zacks.com/performance

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bank of America Corporation (BAC) : Free Stock Analysis Report JPMorgan Chase & Co. (JPM) : Free Stock Analysis Report FreeportMcMoRan Inc. (FCX) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report KeyCorp (KEY) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Friday, April 22, 2022

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), Verizon Communications Inc. (VZ), and Anthem, Inc. (ANTM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>>

Home Depot shares have declined -2.2% over the past year against the Zacks Building Products – Retail industry’s gain of +0.7% on creeping worries for the housing industry outlook in light of rising interest rates. The company reported soft gross margin in the fiscal fourth quarter driven by a higher cost of goods sold. Supply chain headwinds also marred results to some extent.

The Zacks analyst believes that the company may benefit due to strong demand for home-improvement projects, robust housing market trends, and ongoing investments, along with continued strength in both Pro and DIY categories as well as digital momentum. Its interconnected retail strategy and underlying technology infrastructure could help boost web traffic aiding digital sales.

(You can read the full research report on Home Depot here >>>)

Shares of Verizon have outperformed the Zacks Wireless National industry over the past year (+0.6% vs. -4.0%). The company plans to accelerate the availability of its 5G Ultra Wideband network, covering 175 million people by the end of 2022. The telecom giant’s growth strategy includes 5G mobility, nationwide broadband and mobile edge computing, and business solutions. Verizon has inked deals with satellite providers for early clearance of the additional C-band spectrum it acquired in 2021. The company is building the entire network infrastructure to provide the most amazing 5G experience to customers.

However, it operates in an intensely competitive market. Hefty expenses on promotions and lucrative discounts to attract customers could hurt its profitability. High auctioning expenses for the mid-band spectrum are expected to further compromise its margins.

(You can read the full research report on Verizon here >>>)

Shares of Anthem have outperformed the Zacks Medical – HMOs industry over the past year (+36.8% vs. +32.2%). The company’s improving top line can be attributed to a premium rate increase and higher memberships. The Zacks analyst believes that acquisitions and collaborations have enabled the company to boost its Medicare Advantage growth and strengthen its business portfolio. Its well-performing Medicare and Medicaid businesses coupled with several contract wins are expected to drive its membership. A solid earnings guidance for 2022 bodes well.

Anthem announced its plan to change its name to Elevance Health to boost its market position. However, escalating costs continue to put pressure on the bottom line. Its weak balance sheet with massive debts of nearly $20 billion can affect financial flexibility.

(You can read the full research report on Anthem here >>>)Other noteworthy reports we are featuring today include Salesforce, Inc. (CRM), BHP Group Limited (BHP), and BP p.l.c. (BP).Sheraz Mian Director of Research

Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Today's Must Read

Focus on Pro Customers to Aid Home Depot's (HD) Top Line

5G Forte, Customer Growth to Drive Verizon (VZ) Amid Rivalry

Anthem (ANTM) Bets on Solid Top Line & Capital Position

Featured Reports

Salesforce (CRM) Rides on Partnership Wins & AcquisitionsPer the Zacks analyst, Salesforce's expanding partner ecosystem is contributing to business wins and boosting its presence globally. Also, strategic buyouts like Slack and Tableau are positive.

High Metal Prices, Operation Efficiency Aid BHP Group (BHP)The Zacks analyst believes rising iron ore, copper and nickel prices along with BHP's strong cash flow, focus on lowering debt and efforts to make operations more efficient will drive growth.

BP plc (BP) Banks on Aggressive Energy-Transition Strategy The Zacks analyst likes BP since the British integrated energy major is planning to become a net-zero emissions player by 2050. How, exposure to excessive debt capital is concerning.

Store Growth & Robust Comps Likely to Aid Starbucks (SBUX)Per the Zacks analyst, Starbucks' rapid unit growth, digital offerings and robust comps growth bode well. The company anticipates global comparable sales to reach high-single digits in fiscal 2022.

Dividends, Buybacks Aid Canadian National (CNI), Costs AilThe Zacks analyst is impressed by the company's efforts to reward its shareholders through dividends and share buybacks. However, escalating fuel costs and supply chain disruptions are concerns.

CME Group (CME) Banks on Improving Top Line, Expenses Hurt Per the Zacks analyst, its strong revenues driven by organic growth, steady market position and diverse product lines has led to significant growth. However, escalating expenses hurt its margins.

Organic Growth Supports U.S. Bancorp (USB), Higher Costs AilPer the Zacks analyst, U.S. Bancorp's organic growth, driven by higher revenues and loan balance, is likely to boost its financials. Concentrated loan portfolio and high costs are headwinds.

New Upgrades

America Movil (AMX) Benefits from Increasing Subscriber BasePer the Zacks analyst, America Movil's performance is gaining from growing subscriber base. The company's acquisitions, focused 5G efforts and deployment of advanced technologies are other tailwinds.

Pioneer Natural (PXD) Banks On Oil-Rich Permian Basin AssetsThe Zacks analyst believes that Pioneer Natural's one million-plus high-quality acreages in the Permian Basin will drive long-term oil production growth.

Watsco (WSO) Rides on Technology Platforms & AcquisitionsPer the Zacks analyst, Watsco's investments in customer-focused technologies and the expansion of the company's branch network through acquisitions are boosting performance.

New Downgrades

International Exposure & Old Facilities Ail NRG Energy (NRG)Per the Zacks analyst, NRG Energy's international operations expose it to political and economic risks and some of its old facilities create a competitive disadvantage against peers.

Huge Debt Pile & High Operating Costs to Ail Carvana (CVNA)Escalating selling, general & administrative expenses and an elevated leverage of more than 90% have made the Zacks analyst turn bearish on Carvana.

Emergent's (EBS) Overdependence on BioThrax Is A ConcernPer the Zacks analyst, Emergent derives majority of its revenues from sales of its anthrax and smallpox vaccines to the U.S. government. Any loss of existing contracts will hurt its prospects.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP) : Free Stock Analysis Report Salesforce Inc. (CRM) : Free Stock Analysis Report Verizon Communications Inc. (VZ) : Free Stock Analysis Report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report The Home Depot, Inc. (HD) : Free Stock Analysis Report Anthem, Inc. (ANTM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

(Reuters) – BHP Group Ltd cut its annual copper production outlook on Thursday as operations at its Escondida project in Chile took a hit over protests by workers and environmental activists, as well as labour shortages due to rising COVID-19 cases.

Chile, the world's top copper producer, earlier this month sued BHP among others miners over alleged environmental damages caused by its operations in the Atacama salt flats.

That, along with road blockades, threats of work stoppage over alleged worker contract breaches, and surging COVID-19 infections at Escondida has affected production at the project, which houses the world's largest copper deposit.

"Our Chilean assets experienced a challenging operating environment in the March 2022 quarter due to a reduction in our operational workforce as a result of a significant increase in COVID-19 cases in Chile," the miner said in its third-quarter production report.

Copper production from Escondida is now expected between 1,000 thousand tonnes (kt) and 1,030 kt for 2022, down from its previous range of 1,020 kt to 1,080 kt, resulting in a slight downgrade to total copper output forecast to between 1,570 kt and 1,620 kt.

The miner has logged 1,112 kt of copper output so far this financial year, down 10% from last year. Its third-quarter iron ore output from Western Australia came in flat from last year, and missed consensus estimates.

(Reporting by Sameer Manekar in Bengaluru; Editing by Sherry Jacob-Phillips)

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 19th:

Kosmos Energy KOS: This oil and gas exploration and production company with a main focus on under-explored regions in Africa, has a Zacks Rank #1 (Strong Buy) and witnessed the seen Zacks Consensus Estimate for its current year earnings increasing 79.7% over the last 60 days.

Kosmos Energy Ltd. Price and ConsensusKosmos Energy Ltd. Price and Consensus

Kosmos Energy Ltd. price-consensus-chart | Kosmos Energy Ltd. Quote

Kosmos Energy’s shares gained 72.4% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of A.

Kosmos Energy Ltd. PriceKosmos Energy Ltd. Price

Kosmos Energy Ltd. price | Kosmos Energy Ltd. Quote

Adecoagro AGRO: This company which is engaged in farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol, and energy production and land transformation, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.5% over the last 60 days.

Adecoagro S.A. Price and ConsensusAdecoagro S.A. Price and Consensus

Adecoagro S.A. price-consensus-chart | Adecoagro S.A. Quote

Adecoagro’s shares gained 76.7% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of A

Adecoagro S.A. PriceAdecoagro S.A. Price

Adecoagro S.A. price | Adecoagro S.A. Quote

BHP Group Limited BHP: This company which is one of the world's largest diversified resource producer with operations across several continents, has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

BHP Group Limited‘s shares gained 20.6% over the last three months compared with the S&P 500’s decline of 1.6%. The company possesses a Momentum Score of B.

BHP Group Limited Sponsored ADR PriceBHP Group Limited Sponsored ADR Price

BHP Group Limited Sponsored ADR price | BHP Group Limited Sponsored ADR Quote

See the full list of top ranked stocks here

Learn more about the Momentum score and how it is calculated here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Kosmos Energy Ltd. (KOS) : Free Stock Analysis Report Adecoagro S.A. (AGRO) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

WilliamsSonoma WSM: This multi-channel specialty retailer of premium quality home products, has seen the Zacks Consensus Estimate for its current year earnings increasing almost 9.8% over the last 60 days.

WilliamsSonoma, Inc. Price and ConsensusWilliamsSonoma, Inc. Price and Consensus

WilliamsSonoma, Inc. price-consensus-chart | WilliamsSonoma, Inc. Quote

BHP Group Limited BHP: This company which is one of the world's largest diversified resource companies with operations across several continents, has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

Fidelity National Financial FNF: This company which is a leading provider of title insurance, specialty insurance, and claims management services, has seen the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Fidelity National Financial, Inc. Price and ConsensusFidelity National Financial, Inc. Price and Consensus

Fidelity National Financial, Inc. price-consensus-chart | Fidelity National Financial, Inc. Quote

Grindrod Shipping GRIN: This transportation company which has a diversified fleet of owned, long-term chartered-in and joint-venture owned dry bulk and liquid-bulk vessels, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.0% over the last 60 days.

Grindrod Shipping Holdings Ltd. Price and ConsensusGrindrod Shipping Holdings Ltd. Price and Consensus

Grindrod Shipping Holdings Ltd. price-consensus-chart | Grindrod Shipping Holdings Ltd. Quote

Pilgrim's Pride PPC: This company which is engaged in the processing, production, marketing and distribution of frozen, fresh as well as value-added chicken products, has seen the Zacks Consensus Estimate for its current-year earnings increasing 4.9% over the last 60 days.

Pilgrim's Pride Corporation Price and ConsensusPilgrim’s Pride Corporation Price and Consensus

Pilgrim's Pride Corporation price-consensus-chart | Pilgrim's Pride Corporation Quote

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report WilliamsSonoma, Inc. (WSM) : Free Stock Analysis Report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Fidelity National Financial, Inc. (FNF) : Free Stock Analysis Report Grindrod Shipping Holdings Ltd. (GRIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 19th:

Grindrod Shipping GRIN: This shipping company which owns and operates a diversified fleet of owned, long-term chartered-in, and joint-venture owned dry bulk and liquid-bulk vessels, has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 15.2% over the last 60 days.

Grindrod Shipping Holdings Ltd. Price and Consensus

Grindrod Shipping Holdings Ltd. Price and Consensus

Grindrod Shipping Holdings Ltd. price-consensus-chart | Grindrod Shipping Holdings Ltd. Quote

This Zacks Rank #1 (Strong Buy) company has a dividend yield of 11.62%, compared with the industry average of 0.65%.

Grindrod Shipping Holdings Ltd. Dividend Yield (TTM)Grindrod Shipping Holdings Ltd. Dividend Yield (TTM)

Grindrod Shipping Holdings Ltd. dividend-yield-ttm | Grindrod Shipping Holdings Ltd. Quote

BHP Group Limited BHP: This one of the world's largest diversified resource companies with operations across several continents with a market capitalization of around $280 billion., has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.

BHP Group Limited Sponsored ADR Price and ConsensusBHP Group Limited Sponsored ADR Price and Consensus

BHP Group Limited Sponsored ADR price-consensus-chart | BHP Group Limited Sponsored ADR Quote

This Zacks Rank #1 company has a dividend yield of 7.68%, compared with the industry average of 0.00%.

BHP Group Limited Sponsored ADR Dividend Yield (TTM)BHP Group Limited Sponsored ADR Dividend Yield (TTM)

BHP Group Limited Sponsored ADR dividend-yield-ttm | BHP Group Limited Sponsored ADR Quote

Fidelity National Financial FNF: This company which operates in the United States provides various types of insurance products along with its subsidiaries, has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.4% over the last 60 days.

Fidelity National Financial, Inc. Price and ConsensusFidelity National Financial, Inc. Price and Consensus

Fidelity National Financial, Inc. price-consensus-chart | Fidelity National Financial, Inc. Quote

This Zacks Rank #1 company has a dividend yield of 4.17%, compared with the industry average of 0.95%.

Fidelity National Financial, Inc. Dividend Yield (TTM)Fidelity National Financial, Inc. Dividend Yield (TTM)

Fidelity National Financial, Inc. dividend-yield-ttm | Fidelity National Financial, Inc. Quote

See the full list of top ranked stocks here.

Find more top income stocks with some of our great premium screens

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report Fidelity National Financial, Inc. (FNF) : Free Stock Analysis Report Grindrod Shipping Holdings Ltd. (GRIN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Teck Resources Ltd (TECK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 26. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate

This company is expected to post quarterly earnings of $2.10 per share in its upcoming report, which represents a year-over-year change of +337.5%.

Revenues are expected to be $3.74 billion, up 85.8% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 10.52% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Price, Consensus and EPS Surprise Chart for TECK

Earnings Whisper

Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction) — has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Teck Resources Ltd?

For Teck Resources Ltd, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +7.48%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Teck Resources Ltd will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?

While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Teck Resources Ltd would post earnings of $2.04 per share when it actually produced earnings of $2.02, delivering a surprise of -0.98%.

Over the last four quarters, the company has beaten consensus EPS estimates three times.

Bottom Line

An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Teck Resources Ltd appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here.

Anglo American’s annual shareholder meeting next week will mark the end of an era as chief executive Mark Cutifani steps down after almost a decade at the top of one of the world’s biggest mining groups. None of this was obvious when the former engineer took charge in 2013, and much less so in late 2015, when a brutal downturn in commodity markets brought the debt-laden company, which owns De Beers and is a major producer of copper, iron ore and platinum, to the brink of collapse. “I tried to use the urgency of what was going on and turn it into a real ambition for us, which is what I think we have done,” Cutifani said in an interview.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Teck Resources Ltd (TECK)

Vancouver, Canada-based Teck Resources Limited is a diversified resource company committed to mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

TECK boasts a Growth Style Score of B and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 59.3% year-over-year for 2022, while Wall Street anticipates its top line to improve by 31.6%.

15 analysts revised their earnings estimate higher in the last 60 days for fiscal 2022, while the Zacks Consensus Estimate has increased $2.04 to $7.20 per share. TECK also boasts an average earnings surprise of 13%.

Teck Resources Ltd is also cash rich. The company has generated cash flow growth of 14.6%, and is expected to report cash flow expansion of 139.5% in 2022.

With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, TECK should be on investors' short lists.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

For Immediate Release

Chicago, IL – April 14, 2022 – Stocks in this week’s article are Centennial Resource Development, Inc. CDEV, Nutrien Ltd. NTR, Teck Resources Ltd. TECK, Pilgrim's Pride Corp. PPC and Univar Solutions Inc. UNVR.

5 High Earnings Yield Value Picks to Ride Out Volatility

Since the beginning of this year, Wall Street has been suffering from extreme volatility amid high inflation and worries over the war in Ukraine. The Russia-Ukraine war is not particularly raising recession risks in the United States but is increasing upward pressure on inflation. Inflation is at a 40-year high in the United States. In order to combat skyrocketing inflation, the Fed raised the benchmark interest rate by 25 basis points in March for the first time in three years.

The Fed is leaning toward a 50-basis point rate hike at the next meeting on May 3-4 and is likely to begin reducing the record-high balance sheet. In addition to inflation and geopolitical tensions, the rising COVID-19 cases in China have also spooked investors. Market volatility is here to stay.

In this hair-trigger market, value investing could be one of the most effective investment approaches. The strategy basically seeks to profit from investing in fundamentally strong stocks that appear to be trading at a discount to their intrinsic values. Value investors benefit from identifying and buying stocks that are underestimated by the equity market and are thus trading below their true value, and eventually make handsome returns when the stock price rises toward its intrinsic value to reflect actual fundamentals.

While the P/E ratio is generally regarded as one of the most popular valuation metrics, there's another interesting ratio that you can consider for ferreting out attractively valued stocks. And that is earnings yield. Consider unlocking your portfolio value with these five high earnings yield stocks — Centennial Resource Development, Inc., Nutrien Ltd., Teck Resources Ltd., Pilgrim's Pride Corp., and Univar Solutions Inc..

Earnings Yield: Reciprocal of P/E ratio

Earnings yield is useful for investors concerned about the rate of return on investment. This metric, expressed in percentage, is calculated as annual earnings per share (EPS) divided by market price — the inverse of the P/E ratio. Firms with higher earnings yield are considered underpriced, while those with lower earnings yield are seen as overpriced. Earnings yield captures both the tangible and intangible yield of a firm, as opposed to dividend yield, which only takes into account the tangible yield.

It should be noted that earnings yield is an important tool for investors with exposure to both stocks and bonds. In fact, with regard to this, earnings yield can be more illuminating than the traditional P/E ratio, as the former facilitates the comparison of stocks with fixed-income securities. For instance, when the yield of the market index is more than the 10-year Treasury yield, stocks can be considered as undervalued than bonds. In this situation, investing in the stock market would be a better option for a value investor.

Here we discuss five of the 134 stocks that qualified the screen:

Centennial Resource: Centennial is an exploration and production company that is focused on the Permian Basin. Its properties consist of acreage blocks, primarily in Reeves County, West Texas and Lea County, New Mexico. For 2022, Centennial projects net average daily production at 61,500-67,500 barrels of oil equivalent per day (Boe/d), indicating an increase from 60,939 Boe/d in 2021. The company also announced a $350-million stock buyback program when it reported fourth-quarter results.

CDEV topped earnings estimates in three out of the last four quarters while missing once, with the average being 8.1%. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 191.3% and 32.2%, respectively. The stock sports a Zacks Rank #1 and has a VGM Score of B.

Nutrien: Canada-based Nutrien is a leading provider of crop inputs and services. The company is benefiting from solid demand and higher prices for crop nutrients on strength in the global agriculture markets. NTR is also gaining from acquisitions, cost efficiency and increased adoption of the digital platform. The company also continues to expand its footprint in Brazil through acquisitions, including Tec Agro.

Nutrien currently sports a Zacks Rank #1 and has a VGM Score of A. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 109% and 30%, respectively. NTR topped earnings estimates in three out of the last four quarters while missing once, with the average being 60.3%.

Teck Resources: Canada-based Teck Resources is a diversified resource company committed to mining and mineral development, with business units focused on steelmaking coal, copper, zinc, and energy. TECK is well positioned to benefit from its portfolio of world-class assets in stable jurisdictions, ongoing cost reduction program and innovation-driven efficiency program, RACE21.

Currently, Teck Resources sports a Zacks Rank #1 and has a VGM Score of B. The company topped earnings estimates in three out of the last four quarters while missing once, with the average being 13%. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 60% and 32%, respectively.

Pilgrim's Pride: Headquartered in Greeley, Pilgrim's Pride is engaged in the processing, production, marketing, and distribution of frozen, fresh as well as value-added chicken products. The company's customer-centric approach and deployment of advanced technologies have propelled it to come up with unique offerings that provide competitive advantages. The acquisition of Kerry Consumer Foods' Meats and Meals business in the U.K. and Ireland has expanded PPC's European foothold.

Pilgrim's Pride surpassed estimates in three of the last four quarters and missed once, with the average being 25%. The Zacks Consensus Estimate for its 2022 earnings has been revised upward by 5 cents over the past seven days to $2.78 per share, implying year-over-year growth of 22%. PPC has a long-term expected EPS growth of 10.2%. The stock currently carries a Zacks Rank #2 and a VGM Score of A.

Univar: Illinois-based Univar is benefiting from market share gains, operational execution, cost minimization and a robust liquidity position. It is well placed to gain from consistent market expansion and acquisitions. The acquisition of Nexeo Solutions also enhanced UNVR's capabilities and accelerated its ability to create a significant value for customers, supplier partners, employees as well as shareholders. Univar is also benefiting from chemical price inflation, which is contributing to top-line growth.

Univar has an expected earnings growth rate of 18.5% for the current year. The consensus estimate for earnings for the current year for UNVR has been revised 34.2% upward over the past 60 days. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average of 31%. The stock sports a Zacks Rank #1 and has a VGM Score of B.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/1898413/5-high-earnings-yield-value-picks-to-ride-out-market-volatility

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

About Screen of the Week

Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine.  But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.

Strong Stocks that Should Be in the News

Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.

Follow us on Twitter:  https://www.twitter.com/zacksresearch

Join us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Contact: Jim Giaquinto

Company: Zacks.com

Phone: 312-265-9268

Email: pr@zacks.com

Visit: https://www.zacks.com/

Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Univar Solutions Inc. (UNVR) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Centennial Resource Development (CDEV) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Since the beginning of this year, Wall Street has been suffering from extreme volatility amid high inflation and worries over the war in Ukraine. The Russia-Ukraine war is not particularly raising recession risks in the United States but is increasing upward pressure on inflation. Inflation is at a 40-year high in the United States. In order to combat skyrocketing inflation, the Fed raised the benchmark interest rate by 25 basis points in March for the first time in three years. The Fed is leaning toward a 50-basis point rate hike at the next meeting on May 3-4 and is likely to begin reducing the record-high balance sheet. In addition to inflation and geopolitical tensions, the rising COVID-19 cases in China have also spooked investors. Market volatility is here to stay.

In this hair-trigger market, value investing could be one of the most effective investment approaches. The strategy basically seeks to profit from investing in fundamentally strong stocks that appear to be trading at a discount to their intrinsic values. Value investors benefit from identifying and buying stocks that are underestimated by the equity market and are thus trading below their true value, and eventually make handsome returns when the stock price rises toward its intrinsic value to reflect actual fundamentals.

While the P/E ratio is generally regarded as one of the most popular valuation metrics, there’s another interesting ratio that you can consider for ferreting out attractively valued stocks. And that is earnings yield. Consider unlocking your portfolio value with these five high earnings yield stocks — Centennial Resource Development, Inc. CDEV, Nutrien Limited NTR, Teck Resources Limited TECK, Pilgrim's Pride Corporation PPC and Univar Solutions Inc. UNVR.

Earnings Yield: Reciprocal of P/E ratio

Earnings yield is useful for investors concerned about the rate of return on investment. This metric, expressed in percentage, is calculated as annual earnings per share (EPS) divided by market price — the inverse of the P/E ratio. Firms with higher earnings yield are considered underpriced, while those with lower earnings yield are seen as overpriced. Earnings yield captures both the tangible and intangible yield of a firm, as opposed to dividend yield, which only takes into account the tangible yield.

It should be noted that earnings yield is an important tool for investors with exposure to both stocks and bonds. In fact, with regard to this, earnings yield can be more illuminating than the traditional P/E ratio, as the former facilitates the comparison of stocks with fixed-income securities. For instance, when the yield of the market index is more than the 10-year Treasury yield, stocks can be considered as undervalued than bonds. In this situation, investing in the stock market would be a better option for a value investor.

The Winning Strategy

We have set Earnings Yield greater than 10% as our primary screening criterion but it alone cannot be used for picking stocks that have the potential of generating solid returns. So, we have added the following parameters to the screen:

Estimated EPS growth for the next 12 months greater than or equal to the S&P 500: This metric compares the 12-month forward EPS estimate with the 12-month actual EPS.

Average Daily Volume (20 Days) greater than or equal to 100,000: High trading volume implies that a stock has adequate liquidity.

Current Price greater than or equal to $5.

Buy-Rated Stocks: Stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have been known to outperform peers in any type of market environment. You can see the complete list of today’s Zacks #1 Rank stocks here.

Our Picks

Here we discuss five of the 134 stocks that qualified the screen:

Centennial Resource: Centennial is an exploration and production company that is focused on the Permian Basin. Its properties consist of acreage blocks, primarily in Reeves County, West Texas and Lea County, New Mexico. For 2022, Centennial projects net average daily production at 61,500-67,500 barrels of oil equivalent per day (Boe/d), indicating an increase from 60,939 Boe/d in 2021. The company also announced a $350-million stock buyback program when it reported fourth-quarter results.

CDEV topped earnings estimates in three out of the last four quarters while missing once, with the average being 8.1%. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 191.3% and 32.2%, respectively. The stock sports a Zacks Rank #1 and has a VGM Score of B.

Nutrien: Canada-based Nutrien is a leading provider of crop inputs and services. The company is benefiting from solid demand and higher prices for crop nutrients on strength in the global agriculture markets. NTR is also gaining from acquisitions, cost efficiency and increased adoption of the digital platform. The company also continues to expand its footprint in Brazil through acquisitions, including Tec Agro.

Nutrien currently sports a Zacks Rank #1 and has a VGM Score of A. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 109% and 30%, respectively. NTR topped earnings estimates in three out of the last four quarters while missing once, with the average being 60.3%.

Teck Resources: Canada-based Teck Resources is a diversified resource company committed to mining and mineral development, with business units focused on steelmaking coal, copper, zinc, and energy. TECK is well positioned to benefit from its portfolio of world-class assets in stable jurisdictions, ongoing cost reduction program and innovation-driven efficiency program, RACE21.

Currently, Teck Resources sports a Zacks Rank #1 and has a VGM Score of B. The company topped earnings estimates in three out of the last four quarters while missing once, with the average being 13%. The Zacks Consensus Estimate for 2022 earnings and sales implies year-over-year growth of 60% and 32%, respectively.

Pilgrim’s Pride: Headquartered in Greeley, Pilgrim’s Pride is engaged in the processing, production, marketing, and distribution of frozen, fresh as well as value-added chicken products. The company’s customer-centric approach and deployment of advanced technologies have propelled it to come up with unique offerings that provide competitive advantages. The acquisition of Kerry Consumer Foods’ Meats and Meals business in the U.K. and Ireland has expanded PPC’s European foothold.

Pilgrim’s Pride surpassed estimates in three of the last four quarters and missed once, with the average being 25%. The Zacks Consensus Estimate for its 2022 earnings has been revised upward by 5 cents over the past seven days to $2.78 per share, implying year-over-year growth of 22%. PPC has a long-term expected EPS growth of 10.2%. The stock currently carries a Zacks Rank #2 and a VGM Score of A.

Univar: Illinois-based Univar is benefiting from market share gains, operational execution, cost minimization and a robust liquidity position. It is well placed to gain from consistent market expansion and acquisitions. The acquisition of Nexeo Solutions also enhanced UNVR’s capabilities and accelerated its ability to create a significant value for customers, supplier partners, employees as well as shareholders. Univar is also benefiting from chemical price inflation, which is contributing to top-line growth.

Univar has an expected earnings growth rate of 18.5% for the current year. The consensus estimate for earnings for the current year for UNVR has been revised 34.2% upward over the past 60 days. The company beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average of 31%. The stock sports a Zacks Rank #1 and has a VGM Score of B.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pilgrim's Pride Corporation (PPC) : Free Stock Analysis Report Univar Solutions Inc. (UNVR) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Centennial Resource Development (CDEV) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

In value investing, it is a common practice to pick stocks that are cheap but fundamentally strong. There are a number of investment styles for finding great stocks at attractive values.

While considering valuation metrics, though price-to-earnings and price-to-sales are the first choices, the P/B ratio is also emerging as a convenient tool for identifying low-priced stocks that have high-growth prospects.

Price-to-book ratio or P/B ratio is essentially the ratio of stock price to book value, i.e., how much an investor needs to pay for each dollar of the book value of a stock. It is calculated by dividing the current closing price of the stock by the book value per share.

Here’s the formula of P/B ratio:

P/B ratio = market capitalization/book value of equity.

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Signet Jewelers Limited SIG, ASE Technology Holding ASX, Group 1 Automotive GPI, Teck Resources Limited TECK and Target Corporation TGT are some such picks.

Now let us understand the concept of book value.

What’s Book Value?

There are several ways by which book value can be defined. Book value is the total value that would be left over, according to the company’s balance sheet, if it goes bankrupt immediately. In other words, this is what shareholders would theoretically receive if a company liquidates all its assets after paying off all its liabilities.

It is calculated by subtracting total liabilities from the total assets of a company. In most cases, this equates to common stockholders’ equity on the balance sheet. However, depending on the company’s balance sheet, intangible assets should also be subtracted from total assets to determine book value.

Understanding P/B Ratio

By comparing the book value of equity to its market price, we get an idea of whether a company is under-or overpriced. However, like P/E or P/S ratio, it is always better to compare P/B ratios within industries.

A P/B ratio of less than one means that the stock is trading at less than its book value, or the stock is undervalued and therefore a good buy. Conversely, a stock with a ratio greater than one can be interpreted as being overvalued or relatively expensive.

For example, a stock with a P/B ratio of 2 means that we pay $2 for every $1 of book value. Thus, the higher the P/B, the more expensive the stock.

But there is a caveat. A P/B ratio less than one can also mean that the company is earning weak or even negative returns on its assets or that the assets are overstated, in which case the stock should be shunned because it may be destroying shareholder value. Conversely, the stock’s price may be significantly high — thereby pushing the P/B ratio to more than one — in the likely case that it has become a takeover target, a good enough reason to own the stock.

Moreover, the P/B ratio isn't without limitations. It is useful for businesses — like finance, investments, insurance, and banking or manufacturing companies — with many liquid/tangible assets on the books. However, it can be misleading for firms with significant R&D expenditure, high debt, service companies, or those with negative earnings.

In any case, the ratio is not particularly relevant as a standalone number. One should analyze other ratios like P/E, P/S, and debt to equity before arriving at a reasonable investment decision.

Screening Parameters

Price to Book (common Equity) less than X-Industry Median: A lower P/B compared with the industry average implies that there is enough room for the stock to gain.

Price to Sales less than X-Industry Median: The P/S ratio determines how much the market values every dollar of the company’s sales/revenues — a lower ratio than the industry makes the stock attractive.

Price to Earnings using F(1) estimate less than X-Industry Median: The P/E ratio (F1) values a company based on its current share price relative to its estimated earnings per share — a lower ratio than the industry is considered better.

PEG less than 1: PEG links the P/E ratio to the future growth rate of the company. The PEG ratio portrays a more complete picture than the P/E ratio. A value of less than 1 indicates that the stock is undervalued and investors need to pay less for a stock that has bright earnings growth prospects.

Current Price greater than or equal to $5: They must all be trading at a minimum of $5 or higher.

Average 20-Day Volume greater than or equal to 100,000: A substantial trading volume ensures that the stock is easily tradable.

Zacks Rank less than or equal to #2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.

Value Score equal to A or B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best opportunities in the value investing space.

Here are our five picks out of the 19 stocks that qualified the screening:

Signet Jewelers is a retailer of diamond jewelry, watches as well as other products.

Signet Jewelers has a projected 3-5-year EPS growth rate of 8%. Signet Jewelers currently has a Zacks Rank #2and a Value Score of A.You cansee the complete list of today’s Zacks #1 Rank stocks here.

ASE Technology Holding is a provider of semiconductor manufacturing services in assembly and testing.

ASE Technology Holding has a projected 3-5 year EPS growth rate of 27.8%. ASE Technology Holding currently has a Zacks Rank #2 and a Value Score of A.

Teck Resources Limited is a diversified resource company committed to mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

Teck Resources has a projected 3-5 year EPS growth rate of 38.7%. TECK currently has a Zacks Rank #2 and a Value Score of A.

Group 1 Automotive is a leading automotive retailer. Through its dealerships, the firm sells new and used cars and light trucks. Apart from selling new and used vehicles, Group 1 Automotive offers vehicle financing and insurance and service contracts.

Group 1 Automotive has a projected 3-5-year EPS growth rate of 10.7%. It currentlyhas a Zacks Rank #2 and a Value Score of A.

Target Corporation provides an array of goods ranging from household essentials and electronics to toys and apparel for men, women and kids. Target Corporation has evolved from just being a pure brick-&-mortar retailer to an omni-channel entity. The company has been investing in technologies, improving websites and mobile apps and modernizing its supply chain to keep pace with the changing retail landscape and better compete with pure e-commerce players.

Target has a projected 3-5 year EPS growth rate of 16.5%. TGT currently has a Zacks Rank #2 and a Value Score of B.

Get the rest of the stocks on the list and startputting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT) : Free Stock Analysis Report Signet Jewelers Limited (SIG) : Free Stock Analysis Report Group 1 Automotive, Inc. (GPI) : Free Stock Analysis Report ASE Technology Holding Co., Ltd. (ASX) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Teck Resources Limited TECK recently provided an update regarding its first-quarter 2022 steelmaking coal sales volumes and realized prices. Due to recent logistics disruptions in British Columbia, Canada, TECK's steelmaking coal sales fell short of guidance. However, the company reported a higher average realized steelmaking coal price for the quarter.The shutdown of the Canadian Pacific Railway's CP operations due to a wage and pension-related dispute with its union had an impact on the mining industry. Teck Resources was no exception. The company stated that rail service was impacted by its steelmaking coal operations in the Elk Valley in southeastern British Columbia. Consequently, realized first-quarter steelmaking coal sales were 6 million tons in the March-ended quarter. This fell short of the low end of the company's guidance of 6.1-6.5 million tons and a sales volume of 6.2 million reported in the first quarter of 2021.Teck Resources reported that the average realized steelmaking coal price in the first quarter was $357 per ton, backed by record steelmaking coal FOB prices. The sequential increase in steelmaking coal prices from $351 per ton in the fourth quarter of 2021 led to positive pricing adjustments of approximately $88 million. In the first quarter of 2021, realized steelmaking coal price was$131 per ton.The company had reported steelmaking coal sales volumes of 5.1 million tons in the fourth quarter of 2021, which was down by 1.5 million tons from the fourth quarter of 2020, primarily due to severe weather conditions in British Columbia. Heavy rains and flooding caused rail infrastructure damage that disrupted westbound rail service in the second half of November. Even though service was partially restored in the first half of December, it did not return to full capacity prior to the 2021 end. Extreme cold and freezing conditions in southern B.C. disrupted rail and port operations again during the last week of December. This scenario escalated transportation costs for the segment.Despite these setbacks, the Steelmaking Coal segment's sales soared 174% year on year in the fourth quarter of 2021, mainly on high steel pricing. The segment reported an operating profit of $1,185 million against an operating loss of $70 million in the prior-year quarter.The higher realized steelmaking coal price in the first quarter of 2022 might have negated the impact of lower volumes. Teck Resources' results are anticipated to reflect higher copper, zinc, molybdenum and gold prices witnessed through the quarter when the company reports its first-quarter 2022 results on Apr 27.The Zacks Consensus for the first quarter is currently pegged at $3.79 billion, suggesting year-over-year growth of 88%. The same for earnings stands at $2.16, indicating a whopping surge of 350% from 48 cents reported in the last-year quarter.

Price PerformanceZacks Investment Research

Image Source: Zacks Investment Research

The company's shares have soared 110.6% in the past year compared with the industry's rally of 14.6%.

Zacks Rank

Teck Resources currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

Other Stocks to Consider

Some other top-ranked stocks worth considering in the basic materials space include Nutrien Ltd. NTR and Commercial Metals Company CMC.Nutrien, sporting a Zacks Rank #1, has an expected earnings growth rate of 108.7% for the current year. The Zacks Consensus Estimate for NTR's current-year earnings has been revised 37.4% upward over the last 60 days.Nutrien has a trailing four-quarter earnings surprise of roughly 60.3%, on average. NTR has rallied around 95% in a year.Commercial Metals, sporting a Zacks Rank #1, has a projected earnings growth rate of 114.7% for the current fiscal year. The Zacks Consensus Estimate for CMC's current fiscal year earnings has been revised upward by 35.1% over the past 60 days.Commercial Metals has a trailing four-quarter earnings surprise of roughly 13.7%, on average. CMC has gained around 43% in a year.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Canadian Pacific Railway Limited (CP) : Free Stock Analysis Report Commercial Metals Company (CMC) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

SAO PAULO, March 30 (Reuters) – Brazilian miner Samarco Mineracao SA failed to reach an agreement with creditors on its restructuring plan after a new round of meetings, it said on Wednesday, ahead of an April 1 bondholders assembly.

The company, a joint venture between Vale SA and BHP Group PLC, said in a statement it presented bondholders with "significant improvements" to its restructuring proposal, but no deal had been reached.

Creditors of Samarco had suspended an assembly earlier this month after the company came up with the new restructuring proposal, offering an alternative to pay them with hybrid bonds that would distribute part of Samarco's cash flow.

Bondholders, that had rejected Samarco's previous proposal, agreed to reconvene on April 1 to vote on the offer. They could also push for an alternative plan, but Samarco said their proposal was inviable.

"The company demonstrated payment prospects and commitments to creditors in the short, medium and long term… (But) it was not possible to reach to date an agreement due to the inviability of some of the most recent bondholder proposals with the business plan of the company," Samarco said.

"The proposals presented by the funds put at risk the maintenance and the full resumption of Samarco's operations," it added.

Samarco said that it remains in contact with bondholders' advisors to reach a "viable agreement that meets the interests of all parties."

(Reporting by Tatiana Bautzer and Gabriel Araujo, Editing by Louise Heavens)

Value investing is all about ferreting out stocks that are currently priced lower than their intrinsic value. But how do value investors go about discovering these hidden gems? Many prefer price to earnings (P/E) and price to sales (P/S) ratios for identifying low-priced stocks with exceptional returns. There’s another interesting ratio that you can consider for finding attractively valued stocks. And that is earnings yield, which is nothing but the reciprocal of the P/E ratio, albeit a little more illuminating than the traditional P/E ratio.

Earnings Yield is measured as (Annual Earnings per Share/Market Price) x 100. While comparing similar stocks, the one with higher earnings yield is more likely to provide better returns, with other factors remaining constant. Marathon Oil Corporation MRO, Nutrien Limited NTR, Arrow Electronics Inc. ARW, Micron Technology MU and Teck Resources Limited TECK could be some attractive bets if you are looking for high earnings yield picks.

Earnings yield has an edge over the P/E ratio as the former facilitates the comparison of stocks with fixed-income securities. Investors often compare the earnings yield of a stock to the prevailing interest rates, such as the current 10-year Treasury yield, to get a sense of the return on investment it offers compared to virtually risk-free returns.

If the yield on a stock is lower than the 10-year Treasury yield, it would be considered overvalued relative to bonds. Conversely, if the yield on the stock is higher, it would be considered undervalued. In this situation, investing in the stock market would be a better option for a value investor.

It is important to remember that T-bills are risk free, while stock investments come with a caveat. It would be a good idea to add a risk premium to the Treasury yield while comparing it with the earnings yield of a stock or the overall market.

The Winning Strategy

We have set Earnings Yield greater than 10% as our primary screening criterion but it alone cannot be used for picking stocks that have the potential of generating solid returns. So, we have added the following parameters to the screen:

Estimated EPS growth for the next 12 months greater than or equal to the S&P 500: This metric compares the 12-month forward EPS estimate with the 12-month actual EPS.

Average Daily Volume (20 Day) greater than or equal to 100,000: High trading volume implies that a stock has adequate liquidity.

Current Price greater than or equal to $5.

Buy-Rated Stocks: Stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) have been known to outperform peers in any type of market environment. You can see the complete list of today’s Zacks #1 Rank stocks here.

Our Choices

Here are four of the 123 stocks that made it through the screen:

Nutrien: Canada-based Nutrien is a leading provider of crop inputs and services. The company is benefiting from solid demand and higher prices of crop nutrients on strength in the global agriculture markets. NTR is also gaining from acquisitions, cost efficiency and increased adoption of its digital platform. The company continues to expand its footprint in Brazil through acquisitions, including Tec Agro.

Nutrien currently sports a Zacks Rank #1 (Strong Buy). It has an expected earnings growth rate of 106.4% for the current year. The Zacks Consensus Estimate for earnings of NTR for the current year has moved up 37.8% in the past 60 days.

Marathon Oil: Texas-based Marathon Oil is one of the leading oil and natural gas exploration companies. The wells drilled by Marathon Oil have extremely low oil price breakeven costs and need oil prices of just $35 a barrel to be profitable. MRO’s robust operational metrics should support strong long-term cash flows. The company is targeting production in the range of 340,000-350,000 barrels of oil equivalent per day in 2022.

Marathon Oil, currently sporting a Zacks Rank #1, surpassed estimates in the last four quarters, with the average being 37.4%. The Zacks Consensus Estimate for its 2022 earnings has improved 11 cents over the past seven days to $3.23 per share, implying year-over-year growth of 106%.

Arrow Electronics: New York-based Arrow Electronics is one of the world’s largest distributors of electronic components and enterprise computing products. ARW’s core strength of providing best-in-class services and easy-to-acquire technologies will bolster its growth in the future. Continued focus on boosting Internet of things capabilities is helping the company to expand to newer markets and gain customers.

Arrow Electronics — currently flaunting a Zacks Rank #1 — surpassed earnings estimates in the last four quarters, with the average being 19%. The Zacks Consensus Estimate for its 2022 earnings has improved 18.8% over the past 60 days to $18.48 per share, implying year-over-year growth of 19.2%.

Teck Resources: Canada-based Teck Resources is a diversified resource company committed to mining and mineral development, with business units focused on steelmaking coal, copper, zinc and energy. TECK is well positioned to benefit from its portfolio of world-class assets in stable jurisdictions, ongoing cost reduction program and innovation-driven efficiency program, RACE21.

Currently, Teck Resources sports a Zacks Rank #1. The company surpassed estimates in the last four quarters, with the average being 13%. The Zacks Consensus Estimate for its 2022 earnings has improved 7.4% over the past seven days to $7.11 per share, implying year-over-year growth of 57.3%.

Micron: Idaho-based Micron has established itself as one of the leading worldwide providers of semiconductor memory solutions. The company is witnessing growing demand for memory chips from cloud-computing providers and acceleration in 5G cellular network adoptions. The rising mix of high-value solutions, enhancement in customer engagement and improvement in the cost structure are growth drivers as well.

Micron — which currently carries a Zacks Rank #2 — surpassed earnings estimates in the last four quarters, with the average being 5%. The Zacks Consensus Estimate for its fiscal 2022 earnings has improved 8 cents over the past 30 days to $9.03 per share, implying year-over-year growth of 49%.

Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and back testing software.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marathon Oil Corporation (MRO) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report Arrow Electronics, Inc. (ARW) : Free Stock Analysis Report Teck Resources Ltd (TECK) : Free Stock Analysis Report Nutrien Ltd. (NTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 CMC Metals Ltd. CMB.V +900.00%
 Eden Energy Ltd EDE.AX +200.00%
 GoviEx Uranium Inc. GXU.V +42.86%
 Eagle Nickel Ltd. ENL.AX +41.67%
 Citigold Corp. Limited CTO.AX +33.33%
 Mount Burgess Mining NL MTB.AX +33.33%
 Exalt Resources Limited ERD.AX +31.94%
 Casa Minerals Inc. CASA.V +30.00%
 Cariboo Rose Resources Ltd CRB.V +28.57%
 Belmont Resources Inc. BEA.V +28.57%