Attention Value Investors: 3 Stocks to Buy Right Now

Searching for a value play? If so, Exco Technologies Limited (TSX:XTC), Empire Company Limited (TSX:EMP.A), and Fiera Capital Corp. (TSX:FSZ) are three of the best options in their industries.

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The Motley Fool

As individual investors can attest, finding the right stock at the right price can be a very difficult task. In order to make things easier for you, I have compiled a list of three stocks that are trading at inexpensive forward valuations compared to their industry averages. Let’s take a closer look at each to see if any are a good fit for your portfolio.

1. Exco Technologies Limited

Exco Technologies Limited (TSX:XTC) is one of the world’s leading manufacturers of dies, moulds, equipment, components, and assemblies to the die-cast, extrusion, and automotive industries. At today’s levels, its stock trades at 16 times fiscal 2015’s estimated earnings per share of $1.02 and 12.8 times fiscal 2016’s estimated earnings per share of $1.27, both of which are inexpensive compared to the industry average multiple of 21.1. Additionally, the company pays a quarterly dividend of $0.06 per share, or $0.24 per share annually, giving its stock a 1.5% yield.

2. Empire Company Limited

Empire Company Limited (TSX:EMP.A) is one Canada’s largest owners and operators of grocery stores. At current levels, its stock trades at 14.4 times fiscal 2016’s estimated earnings per share of $6.20 and 13.3 times fiscal 2017’s estimated earnings per share of $6.67, both of which are inexpensive compared to the industry average price-to-earnings multiple of 30.4. In addition, the company pays a quarterly dividend of $0.30 per share, or $1.20 per share annually, which gives its stock a 1.35% yield.

3. Fiera Capital Corp.

Fiera Capital Corp. (TSX:FSZ) is one of Canada’s largest investment managers, with over $90 billion in assets under management. At today’s levels, its stock trades at 12.8 times fiscal 2015’s estimated earnings per share of $0.96 and 11.6 times fiscal 2016’s estimated earnings per share of $1.06, both of which are inexpensive compared to the industry average price-to-earnings multiple of 56.5. Also, the company pays a quarterly dividend of $0.13 per share, or $0.52 per share annually, giving its stock a 4.2% yield.

Which of these value stocks belong in your portfolio?

Exco Technologies, Empire, and Fiera Capital are three of the top value plays in their respective industries. Foolish investors should take a closer look and strongly consider beginning to scale in to long-term positions in at least one of them.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium service or advisor. We’re Motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content.

Fool contributor Joseph Solitro has no position in any stocks mentioned.

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