Big Stocks Close To New 52-Week Highs With Still Single Digit P/E's

The markets are at all time highs and the valuations are getting increasingly more expensive, as measured by earnings multiples. Not all stocks are highly priced. There are still quite a few opportunities with a single P/E multiple. Today I would like to show you those stocks that are close to new 52-Week-Highs and having a single earnings multiple at the same time. In order to reduce the results, I observed only companies with a market capitalization over $10 billion.

Ten stocks fulfilled my criteria of a very low forward P/E and a stock price up to 3% below new highs. All ten have a current buy or better rating. Here are the biggest results: BP (BP), Eni (E) and Ford Motor (F).

Source: Guru Focus

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