Are Investors Undervaluing AAC Technologies (AACAY) Right Now? [Yahoo! Finance]
AAC TECHS HLDGS UNSP/ADR (AACAY)
NASDAQ:AMEX Investor Relations:
aactechnologies.com/investor-relations
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Source: Yahoo! Finance
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. One company to watch right now is AAC Technologies (AACAY) . AACAY is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 19, while its industry has an average P/E of 20.53. Over the past year, AACAY's Forward P/E has been as high as 30.42 and as low as 11.45, with a median
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