Value investors look for stocks that are selling at an attractive price; in other words, they are bargain hunters. This does not means that value investors buy stocks because they are “cheap” (such as penny stocks); value investing utilize several measure of a company’s value to identify stock that can be purchase for the less money than the worth, regardless of whether they are worth 10 Naira or 100 Naira. Although its impossible that a growth stock could represent a good value, growth investing and value investing are usually consider opposing strategies. This is because value investors tends to focus on traditional valuation metrics such as the P/E ratio, looking for low ratios which are typically not found in growth stocks. Value stock often are ones which are fallen out of favor with the investment community for one reason or others, perhaps because they are in a slumping industry or because they are reported poor earnings
