The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

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 use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One company to watch right now is Garrett Motion (GTX). GTX is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 7.64 right now. For comparison, its industry sports an average P/E of 20.76. GTX's Forward P/E has been as high as 9.41 and as low as 6.04, with a median of 7.30, all within the past year.

Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. This is a prefered metric because revenue can't really be manipulated, so sales are often a truer performance indicator. GTX has a P/S ratio of 0.57. This compares to its industry's average P/S of 0.62.

Value investors will likely look at more than just these metrics, but the above data helps show that Garrett Motion is likely undervalued currently. And when considering the strength of its earnings outlook, GTX sticks out at as one of the market's strongest value stocks.

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Garrett Motion Inc. (GTX) : Free Stock Analysis Report

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