Screening for Undervalued Strong Buy Stocks

So this week, I just wanted to find some cheap stocks, but I wanted the Zacks number one rank, the strong buys as well.

We're in earnings season here in October of 2026.

It's third quarter earnings season, and we're getting those earnings reports rolling in, which means the Zacks rank is going to be changing quite a bit here.

But I was curious, who who does have the Zacks number one ranks right now and who is still cheap? We've had a big sell-off in the AI stocks.

Could there be some AI names that actually fall under the category of value, not just a pullback or cheaper than they were before, but a true value stock based on price to earnings and price to sales? Those are two of my two favorite value metrics.

And sure enough, I ran a screen on undervalued Zacks number one ranked stocks and it included the P.E.

It had to be under 20.

That's a little higher than I normally look for, which is 15, as you know, but a lot of the under 20s will work with us, too.

And it gives us a little more leeway.

Let's just put it that way.

If we go 20 and under price to sales ratio is also in the screen and it's looking for under one as always.

So that means if it's point seven that we're paying 70 cents for every dollar worth of sales.

So that's a deal.

That's a bargain.

That's why it falls under value.

Then we have the number one rank in there.

And I think the screen had a market cap or something, too.

But these are the key things.

It's just really three criteria that we're using in this screen.

And it gave me 34 matches.

which was more than I was expecting.

And sure enough, we had a lot of energy in there on the refining side, which I've covered on this podcast at least one time since the Iran war has broken out.

But those stocks still have the number one rank.

The crack spreads are still great and they're still cheap, even though they're hitting new highs.

So I didn't want to cover any of them again.

So this week, I just wanted to find some cheap stocks, but I wanted the Zacks number one rank, the strong buys as well.

We're in earnings season here in October of 2026.

It's third quarter earnings season, and we're getting those earnings reports rolling in, which means the Zacks rank is going to be changing quite a bit here.

But I was curious, who who does have the Zacks number one ranks right now and who is still cheap? We've had a big sell-off in the AI stocks.

Could there be some AI names that actually fall under the category of value, not just a pullback or cheaper than they were before, but a true value stock based on price to earnings and price to sales? Those are two of my two favorite value metrics.

And sure enough, I ran a screen on undervalued Zacks number one ranked stocks and it included the P.E.

It had to be under 20.

That's a little higher than I normally look for, which is 15, as you know, but a lot of the under 20s will work with us, too.

And it gives us a little more leeway.

Let's just put it that way.

If we go 20 and under price to sales ratio is also in the screen and it's looking for under one as always.

So that means if it's point seven that we're paying 70 cents for every dollar worth of sales.

So that's a deal.

That's a bargain.

That's why it falls under value.

Then we have the number one rank in there.

And I think the screen had a market cap or something, too.

But these are the key things.

It's just really three criteria that we're using in this screen.

And it gave me 34 matches.

which was more than I was expecting.

And sure enough, we had a lot of energy in there on the refining side, which I've covered on this podcast at least one time since the Iran war has broken out.

But those stocks still have the number one rank.

The crack spreads are still great and they're still cheap, even though they're hitting new highs.

So I didn't want to cover any of them again.