Companhia Energetica de Minas Gerais Cemig (CIG)

[biginvestors]

Is Companhia Energetica (CIG) Stock A Great Combo of Value and Growth?

Is Companhia Energetica (CIG) Stock A Great Combo of Value and Growth?

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Companhia Energetica is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 8.3% in the past 30 days, thanks to 1 upward revision in the past one month compared to no downward revisions.

This estimate strength is actually enough to push CIG to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Companhia Energetica is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.