Yes! Saved by Grace through Faith and that not of yourselves it is a gift of God not of works.
The works that James speaks of in his epistle is one of evidence of the salvation that God gives to us.
Ro 4:6 Even as David also pronounceth blessing upon the man, unto whom God reckoneth righteousness apart from works,
Ro 4:7 [saying], Blessed are they whose iniquities are forgiven, And whose sins are covered.
Ro 4:8 Blessed is the man to whom, the Lord will not reckon sin.