Headquartered in Yokohama, Japan, Nissan Motor Company Ltd. (NSANY – Snapshot Report) manufactures and markets automobiles. In North America, Nissan’s operations include styling, engineering, manufacturing, sales, customer and corporate finance, and industrial and textile equipment.

Nissan in North America employs more than 20,000 people in the United States, Canada and Mexico and generates nearly 75,000 jobs through its 1,500 Nissan and Infinity dealerships across the continent.

Image: A 2016 Nissan Rogue

Since 1999, Nissan has been part of the Renault-Nissan Alliance, a partnership between the company and French automaker Renault. Nissan is one of the leading car makers in the world, and sells its cars under the Nissan, Infiniti, and Datsun brands.

Let’s take a look at why investors should watch Nissan Motor Co.

Impressive Zacks Rank

Currently, Nissan is sitting comfortably at a Zacks Rank #1 (Strong Buy), spurred by recent positive earnings estimate revisions. Over the past 60 days, current year estimates have risen from $2.12 to $2.23 per share while next year estimates have increased as well, going from $2.25 to $2.44 per share in the same time period. Current quarter estimates have remained relatively stable at $0.46 per share.

Investors should take note that Nissan’s industry, Auto-Foreign, is number 51 out of 265 total industries ranked on the Zacks Industry Rank , falling in the top 19%. This suggests fantastic standing at the beginning of a somewhat turbulent new year, especially in comparison with other industries out there.

Strong Value Stock

With a Zacks Style Score of ‘A,’ Nissan is a great stock for value-minded investors. All of the company’s value ratios are strong: it has a Price to Earnings (P/E) of 8.57, a Price to Cash Flow (P/CF) ratio of 3.94, and a Price to Sales (P/S) ratio of 0.43.

In addition to these figures, Nissan has an earnings yield of 11.64% while its Debt/Equity ratio stands at an enviable 0.54.

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