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Stock impact report

Should Value Investors Buy Norsk Hydro ASA (NHYDY) Stock? [Yahoo! Finance]

NORSK HYDRO A S ADS (NHYDY) 
NASDAQ:AMEX Investor Relations: hydro.com/en/investor-relations
Company Research Source: Yahoo! Finance
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 a variety of methods, including tried-and-true valuation metrics, to find these stocks. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One stock to keep an eye on is Norsk Hydro ASA (NHYDY) . NHYDY is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 9.32, while its industry has an average P/E of 24.59. Show less Read more
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