Published on 1 Dec 2021 on Zacks via Yahoo Finance
Investors looking for stocks in the Banks - Foreign sector might want to consider either Erste Group Bank AG (EBKDY) or Westpac Banking Corporation (WBK). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Currently, Erste Group Bank AG has a Zacks Rank of #2 (Buy), while Westpac Banking Corporation has a Zacks Rank of #5 (Strong Sell). Investors should feel comfortable knowing that EBKDY likely has seen a stronger improvement to its earnings outlook than WBK has recently. But this is just one piece of the puzzle for value investors.