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Oshkosh and Cabela's: This Week's Top Value Stocks

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Looking for the best value stocks? Tracey Ryniec, Stock Strategist at Zacks Investment Research, discusses two stocks that might be worth a closer look by value investors: Oshkosh Corporation (OSK) and Cabela's Inc. (CAB).

Both companies have forward P/Es well below the average of the S&P 500, which is still at 17.4x despite the recent pullback in the market. Both stocks have been beaten up by investors in the last year.

Oshkosh is navigating the difficult heavy machinery industry. It recently won a lucrative Department of Defense contract to build thousands of Joint Light Tactical Vehicles, aka Humvees, for the US Army and Marines. While that contract is still under the protest period, if Oshkosh retains it, it could help smooth out the cyclical nature of its other segments, including Access Equipment.

Cabela's has had to navigate slowing fire arm sales which has hit earnings. However, analysts see a strong hunting season which could be a catalyst heading into the holiday season.

Both companies are Zacks Rank #2 (Buy) stocks.

But what else should investors take away from these two companies?

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

OSHKOSH CORP (OSK): Free Stock Analysis Report

CABELAS INC (CAB): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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