Cheap stocks can be hard to find in a high-flying market like the current one. The S&P 500 is flirting with all-time highs following its best first-quarter performance in a generation, and investor confidence has returned after the pullback at the end of 2018. The Federal Reserve's decision to stop raising interest rates for the foreseeable future, apparent steps toward a trade deal with China, and strong corporate earnings, as well as a healthy IPO market have all helped propel stocks higher this year.
For value investors, that can create a dilemma. Warren Buffett, Berkshire Hathaway CEO and a titan of value investing, has bemoaned the high price tags companies carry today -- at around 22, the market's average price-to-earnings (P/E) ratio is significantly above its historical average closer to 15. But though industries like tech continue to trade at lofty valuations, there are some bargains to be found. Let's take a good look at three rock-solid stocks trading at P/E ratios under 11: CVS Health (NYSE:CVS), Winnebago Industries (NYSE:WGO), and Delta Air Lines (NYSE:DAL).
Source: Motley Fool
Related Articles:
- 4 Higher-Yielding Financial Services Stocks With Rising Dividends
- 5 Higher Yield Dividend Growth Stocks
- Successful Investors Take The Emotion Out
- 5 Under-Valued Dividend Growth Stocks
- Dividend Stocks vs. a Safe Distribution Rate
3 Rock-Solid Cheap Stocks With P/E Ratios Under 11
Posted by D4L | Saturday, May 18, 2019 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
If you're worried about inflation rearing its ugly head next year, you should probably worry about more likely catastrophes, such as bei...
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In this article, we discuss 5 best consumer staples dividend stocks to buy now. If you want to read our detailed analysis of the consumer st...
-
If you've been holding back from investing in your future just because you don't have a lot of extra cash to spare, I've got gre...
-
Dividend stocks cater to investors who want less volatility and stable cash flow. Some dividend stocks offer a combination of respectable yi...
-
I stumbled upon some data a few years back that has altered my investment philosophy. According to data by Ned Davis Research and Hartford F...
-
Following a strong year for the S&P 500 and huge gains for the tech-heavy Nasdaq Composite, it's a lot more difficult to find reason...
-
The company's remarkable consistency and low-risk business model make it a "first-choice investment opportunity," according to...
-
One way to achieve financial freedom is to create passive income, or income that does not depend on your active involvement beyond a certain...
-
If you are here to build a portfolio that thrives in all seasons, consider dividend stocks. They can generate steady returns and provide sta...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.