3 Top Value Stocks to Buy in February

If you aren't a growth investor, you're probably scouring the market for value stocks. These are the stocks that have temporarily fallen out of favor with investors to the point that they are trading at a discount on the basis of fundamental valuation.

It's not easy to find classic value stocks these days, with a rare combination of indexes near record highs and continued global economic challenges dragging down corporate profits. The cap-weighted forward price-to-earnings (P/E) ratio for the S&P 500 is currently around 38, which is high compared to historical levels.

Nonetheless, there are a handful of strong operators with clear growth catalysts that are trading at attractive valuations compared to the market. If you're willing to put in some effort to look around, you might stumble upon these compelling value stocks.

Source Fool.com