Should Value Investors Buy Standard Motor Products (SMP) Stock?

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. Standard Motor Products (SMP) is a stock many investors are watching right now. SMP is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 9.77. This c ...