The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. 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.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.

One company to watch right now is Alibaba (BABA). BABA is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock holds a P/E ratio of 13.15, while its industry has an average P/E of 25.35. Over the last 12 months, BABA's Forward P/E has been as high as 13.23 and as low as 7.73, with a median of 8.84.

Investors will also notice that BABA has a PEG ratio of 0.53. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. BABA's PEG compares to its industry's average PEG of 1.09. Over the last 12 months, BABA's PEG has been as high as 0.53 and as low as 0.37, with a median of 0.39.

Investors should also recognize that BABA has a P/B ratio of 1.92. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. BABA's current P/B looks attractive when compared to its industry's average P/B of 5.30. Over the past 12 months, BABA's P/B has been as high as 1.93 and as low as 1.08, with a median of 1.27.

If you're looking for another solid Internet - Commerce value stock, take a look at Match Group (MTCH). MTCH is a # 2 (Buy) stock with a Value score of A.

Match Group is trading at a forward earnings multiple of 16.42 at the moment, with a PEG ratio of 0.67. This compares to its industry's average P/E of 25.35 and average PEG ratio of 1.09.

MTCH's Forward P/E has been as high as 18.89 and as low as 12.59, with a median of 15.44. During the same time period, its PEG ratio has been as high as 0.68, as low as 0.42, with a median of 0.54.

Additionally, Match Group has a P/B ratio of -74.53 while its industry's price-to-book ratio sits at 5.30. For MTCH, this valuation metric has been as high as -25.86, as low as -550.38, with a median of -73.97 over the past year.