Is AAC Technologies (AACAY) Stock Undervalued 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
With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. AAC Technologies (AACAY) is a stock many investors are watching right now. AACAY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 18.29 right now. For comparison, its industry sports an average P/E of 19.18. AACAY's Forward P/E has been as
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