Value investing is always a very popular strategy, and for good
reason. After all, who doesn't want to find stocks that have low
PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have
identified a strong candidate which may be an impressive value;
Telecom Argentina S.A.
Telecom Argentina in Focus
TEO may be an interesting play thanks to its forward PE of 5.6, its
P/S ratio of 0.7, and its decent dividend yield of 4.22%. These
factors suggest that Telecom Argentina is a pretty good value pick,
as investors have to pay a relatively low level for each dollar of
earnings, and that TEO has decent revenue metrics to back up its
But before you think that Telecom Argentina is just a pure value
play, it is important to note that it has been seeing solid
activity on the earnings estimate front as well. For current
quarter earnings, the consensus has gone up by 4.1% in the past 60
days, thanks to 1 upward revision in the past two months compared
to none lower.
This estimate strength is actually enough to push TEO to a Zacks
Rank #2 (Buy), suggesting it is poised to outperform. So really,
Telecom Argentina is looking great from a number of angles thanks
to its PE below 20, a P/S ratio below one, and a strong Zacks Rank,
meaning that this company could be a great choice for value
investors at this time.
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TELECOM ARGENTI (TEO): Free Stock Analysis
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