Best Value Stocks to Buy for January 30th

Here are two stocks with buy rank and strong value characteristics for investors to consider today, January 30:

Forestar Group Inc. FOR: This residential lot development company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.8% over the last 60 days.

Forestar Group Inc Price and Consensus

Forestar Group Inc price-consensus-chart | Forestar Group Inc Quote

Forestar has a price-to-earnings ratio (P/E) of 8.90, compared with 22.64 for the S&P 500. The company possesses a Value Score of B.

Forestar Group Inc PE Ratio (TTM)

Forestar Group Inc pe-ratio-ttm | Forestar Group Inc Quote

Washington Trust Bancorp, Inc. WASH: This bank holding company for The Washington Trust Company, of Westerly carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.2% over the last 60 days.

Washington Trust Bancorp, Inc. Price and Consensus

Washington Trust Bancorp, Inc. price-consensus-chart | Washington Trust Bancorp, Inc. Quote

Washington Trust has a price-to-earnings ratio (P/E) of 9.33, compared with 25.80 for the industry. The company possesses a Value Score of B.

Washington Trust Bancorp, Inc. PE Ratio (TTM)

Washington Trust Bancorp, Inc. pe-ratio-ttm | Washington Trust Bancorp, Inc. Quote

See the full list of top ranked stocks here.

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

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include

Stock #1: A Disruptive Force with Notable Growth and Resilience

Stock #2: Bullish Signs Signaling to Buy the Dip

Stock #3: One of the Most Compelling Investments in the Market

Stock #4: Leader In a Red-Hot Industry Poised for Growth

Stock #5: Modern Omni-Channel Platform Coiled to Spring

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.

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

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research